First let's make sure that you're calling it correctly. Since you built the DLL in Visual Basic, it is an ActiveX DLL. How are you calling it? Are you using the Call Library Node? If so, you can not actually do that. You want to treat it as an OLE object and call it with the ActiveX interface in LabVIEW using an automation refnum control?
Right-click on the refnum control, choose Select ActiveX Class » Browse..., and browse to your newly registered ActiveX object (your Visual Basic DLL applied to regsvr32.exe). You should be able to view all methods and properties of the DLL.
Here is an e
xample program from NI's website which demonstrates how to do this.
J.R. Allen