help on my project please(pset and image\picture)

hi
I have a school project to do that consists on making an application related to physics...ive chosen to do a simple basketball 2d game that consists on "projectile motion" and intersection with a certain position to score...
I suck in vb so i tried to find a projectile motion app so that i could understand how to work with "moving shapes" in vb6 and i found a pretty simple one to understand (attached)...
I´m now trying to adapt this form to my project but i cant discover how to substitute the point(drawing\pset) by a picture...making an image move not a point...
Regards