Debugging output using CX-log gives the following:
err:module:import_dll Module (file) HHCTRL.OCX (which is needed by L"C:\\Windows\\Temp\\olb.exe") not found
err:module:import_dll No implementation for HHCTRL.OCX.HtmlHelpA imported from L"C:\\Windows\\Temp\\olb.exe", setting to 0xdeadbeef
err:module:LdrInitializeThunk Main exe initialization for L"C:\\Windows\\Temp\\olb.exe" failed, status c0000135