Why do you have a timer in method 3?
Code
Dim Point As New System.Drawing.Point()
Dim X, Y As Intege
Private Sub Form1_MouseMove(ByVal sender As System.Object, ByVal e As System.Windows.Forms.MouseEventArgs) Handles MyBase.MouseMove
If e.Button = MouseButtons.Left Then
Point = Control.MousePosition
Point.X = Point.X - (X)
Point.Y = Point.Y - (Y)
Me.Location = Point
End If
End Sub
Private Sub Form1_MouseDown(ByVal sender As System.Object, ByVal e As System.Windows.Forms.MouseEventArgs) Handles MyBase.MouseDown
X = Control.MousePosition.X - Me.Location.X
Y = Control.MousePosition.Y - Me.Location.Y
End Sub