hi randycena,
I am not sure of the purpose of your code as your description is brief and I assumed that you wish to read a text file and extract certain string from the file. If we just take the for loop portion of the code, there maybe some problem. You're defining the streamreader object for every loop you go through which is not so correct. The stremreader object can read a whole stream at one go. You should use the objStreamReader you defined earlier as this instance has been 'tied' to the text file defined in textbox2.text. So instead of using For..Next loop, you should you While..End While and use the EndOfStream property to check if it's end of stream.
While NOT objStreamReader.EndOfStream
'do whatever you want to do
End While
Unsolved 
