Problems flipping a picture

I am having trouble. I wrote a function that should flip an image box, but I am having a couple of problems.

Here is the source code:
Picture1.ScaleWidth = Image1.Width
Picture1.ScaleHeight = Image1.Height
Picture1.Width = Image1.Width
Picture1.Height = Image1.Height
Picture1.Picture = Image1.Picture
Picture2.Height = Image1.Height
Picture2.Width = Image1.Width
Picture2.PaintPicture Picture1.Picture, Picture1.ScaleWidth, 0, -1 * Picture1.ScaleWidth, Picture1.ScaleHeight
Image1.Picture = Picture2.Image

Problem #1: I am having is that when I run this, PictureBox2 momenterally flashes with the flipped image. Then, the image disappears and PictureBox2 reverts back to what is was before.

Problem #2: When the picture flashes up, I noticed that the transparency disappears. How would I fix this?

Thanks,
Bob

Set autoredraw to true

For your second problem, you can't have the picture transparent like the image control. But you could download my transparent picturebox on my homepage that you can have a certain maskcolor to be transparent, by cutting the region of the control