Thanks for the suggestions IainB.
It does 85% of what I'm looking for.
The only thing it is missing is; Lock x, y, coordinates and; no right-click on image (click-thru) kind of like a Always On Top Ghost.
Image Overlay Utility is an amazing program except for the licensing limitations, and each time the program is run it goes online to verify the license.
![Sad :(](https://www.donationcoder.com/forum/Smileys/fun/sad.gif)
What a shame!