LabPython does not function after being built into an executable application (am i missing DLLs or Paths?)

Question

Greetings!!
I have recently been playing around with the amazing power of Python in Labview and have built some very functional VIs that utilize this tactic. However I now find myself at a bind. Everything runs great in the IDE, but not so great as a standalone application.
i am running:
Windows 7 64bit
Labview 2012 32bit
Python 2.7.3 32bit
My build specifications configuration attempts have all failed to run Python, and the application typically always return a very non descriptive error such as:
PYTHON New Session__ogtk.vi->NameOfMyVIFile.vi
I have tried adding DLLs to the "always include" section of the build spec.
DLLs such as:
Lvpython.dll
pytscript.dll
and I have even tried including them in both the support directory and the caller's directory to no avail. I have even tried placing the entire application + supporting files in my main Labview and python directories just to see their behavior with no apparent differences.
so now I’m left with no options that i can think of. and I'm sure I have crawled around Google so much now that I’ve read all the same posts and websites nearly three times already.
Please help me debug this!! I’m sure it’s something super simple but not very obvious that I’m missing.
I hope everyone has a great day, and thank you!
Grant.
Solved!
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Answer 1

My python installation folder is "C:\Python27" and python27.dll is located in there.
initially i ran the "PYTHON Set Server Path" with an input string equal to: 'C:\Python27\python27.dll' while in the IDE. i have read however that (as long as the system path in windows is configured correctly) passing a string of just 'python27.dll' would work, but i did not try this.
after that the "PYTHON Script Node" is what i used to test LabPython and all's ok in the IDE but not in applications.
i have also tried this as an executable:
Which porduces this: