AQ Elite does not run

So when I run AQ Elite on Windows 7, nothing happens except receiving this error: "This program requires flash.ocx, which is no longer included in this version of Windows." I have the most recent version of Adobe Flash Player and .NET framework. I have tried running as an administrator. The file is completely intact, and it is the most recent version. Does anyone have any suggestions or can offer some advice? Help would be much appreciated. Thanks

Try downloading the most recent active X control for your computer..