How do I make openfiledialog.initialdirectory open the whole path not just the first level

See more:

VB

When I click a button I am trying to have my program open a folder, "PHRF List", using OpenFileDialog.InitialDirectory = "C:\Race\PHRF List\". The code takes me to "C:\Race\" but not to the next level folder PHRF List. Does InitialDirectory open only the first level below C:? Here is the complete code for this Sub:

Private Sub btnLoadList_Click(sender As Object, e As EventArgs) Handles btnLoadList.Click
       If OpenFileDialog1.ShowDialog = Windows.Forms.DialogResult.OK Then
           OpenFileDialog1.InitialDirectory = "C:\Race\PHRF List\"
           OpenFileDialog1.Filter = "txt files(*.txt)|*.txt"                   '
           txtPHRFfile.Text = OpenFileDialog1.FileName
           OpenFileDialog1.RestoreDirectory = True
       End If
       Thread.Sleep(500) 'Enter a delay here
       Using readFile As New StreamReader(txtPHRFfile.Text)
           Do While readFile.Peek() <> -1
               blPHRFstr = readFile.ReadLine()
               listArr = Split(blPHRFstr, ",")
               Me.dgv21.Rows.Add(listArr)
           Loop
           readFile.Close()
           readFile.Dispose()
       End Using
   End Sub

What I have tried:

Read many on line articles including Microsoft tutorial on using InitialDirectory but none try to go more than one level below C:

Also added OpenFileDialog.RestoreDirectory but it has no effect.