I am viewing the file in Ascii using something called XVI32.

The information appears exactly as shown below where

Hex 20 ==> Ascii Space
Hex 32 ==> Ascii 2
Hex 30 ==> Ascii 0

What I referred to as Binary Zeros are:

Hex 00 ==> Ascii Null

Unfortunately, the company that I work for still uses Excel 2000 and
Windows 2000 so, I am trying to make it all work happily in that
environment.

The help file states that the format for the Read is

Open "TESTFILE" For Binary Access Read As #1

What I wrote is:

Open FullTRFFileName For Binary As #1

where my definition is

Public FullTRFFileName As String

I hope that this clarifies what I am doing.