Somehow the website was setup wrong in iis. I was able to finally get the site running. Here is what had to be done...
Install .Net 4 on the Server hosting IIS and restart the server.
Copy the file and folders that are housing the web site to C:\Inetpub\www\
Grant local accounts ASPNET and Network Service full control to the folder and sub-directories
Verify that .Net 4 is enabled
- Go to command prompt and type C:\Windows\System32\cscript iisExt.vbs /ListFile
- Locate 1 C:\WINDOWS\Microsoft.NET\Framework\v4.0.30319\aspnet_isapi.dll
- If the 1 is a 0 the run the following... C:\Windows\System32\cscript iisext.vbs /EnFile C:\WINDOWS\Microsoft.NET\Framework\v4.0.30319\aspnet_isapi.dll
Register .Net 4...paste this in command prompt... %windir%\Microsoft.NET\Framework\v4.0.30319\aspnet_regiis.exe /i
Make sure asp.net 4 is allowed on iis... Use the IIS Manager to do this. Locate the 'Web Service Extensions' folder. Make sure 'ASP.NET v.4.0.30319' is set to 'Allowed'
Make sure that the default home page has been selected and ensure that you are running a virtual application.
Thank you very much to everyone that contributed to helping me resolve this issue.