Hi again Chris,
I solved the last problem. It appears the version of the .NET Micro Framework was not compatible with the Netduino I'm was using. For anyone else that may have this problem this is what I did. While my project was loaded into VS 2012, I clicked the Project menu and opened Properties at the bottom of the list. If you're not on the Application page then click Application on the left side of your screen. On this page go to Target Framework and click the down arrow. A drop down list appears. I clicked .NET Micro Framework 4.1. The .NET Micro Framework was defaulted to 4.2. Then I closed Visual Studio Express 2012 and restarted it again. Reopen my project and clicked the Start button which is the same as pressing the F5 key on VS 2010. It compiled and uploaded to the Netduino board and the onboard LED started blinking. Finally everything works! Thank you again Chris for helping me with this problem. As I asked in a previous post, which one of us is supposed to click the "Mark Solved" button.