It appears that something is going wrong with the programming of the virtual port. If you are getting an error just opening it, it doesn't sound like a good sign. I would concentrate on getting it to work properly before even introducing the the second loop. I really don't have much experience with this port mapping software so unfortunately I can't help too much with the specifics. However, you can always use the normal LabVIEW debugging tools to try and narrow down on the problem. You can also reference the documentation for the port mapper to see if the errors you are getting are discussed.