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I am still unable to extract the source code from the protected dll file.
Chances are that the DLL protection is here to prevent what you try to do.
You can't extract source code from DLL because DLL do not contain source code, the action of decompiling rebuilds a source code alike from informations found in the DLL.
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Decompile the DLL which is protected from VM protect
You are asking for help to break into a foreign house, which we will not do.
If your usage is legitimate, ask the author.