I ended up contacting Microsoft. Took a while but she walked me through how to update the registry,and run a script to allow permanent change so the product is licensed properly. contacted microsoft at 1-800-936-5700. Good luck if you encounter this issue. After Re-Installing Windows... due to other problems, I had to resolve this issue again. Here Is the link to resovle that issue...
First you must enter the Regestration editor... There is a lot here to mess up so follow the instructions closely.
1) Click Start
2) in the "Search Programs And Files" Box Enter Regedit.exe Then Hit enter.
3) Click on the URL Below and Follow instructions.
4) THe Last instruction is a little vague. Type "C:\Program Files (x86)\Microsoft Visual Studio 10.0\Common7\IDE\devenv.exe /setup" into the "Search Programs And Files" Box and hit enter.
http://blogs.msdn.com/b/vsnetsetup/a...microsoft.aspx
All Thanks Go TO Dhathri.Potla Microsoft Engineer