After reinstalling DVD Architect studio i get an error that says. "The Microsoft .net runtime could not be initialized" "Failed to initialized the common language runtime engine". "Install the .NET framework available in windows update".

I recently installed a new "C" Drive with a clean windows install. I installed Movie Studio Plat 13 and works fine
I have several hard drives installed in my desktop.. I have fully updated windows and also see that, To the best of my knowledge, .NET Framework is installed.
.Any help would be appreciated. Thanks