watermarking on Images and Issue with Text Placement

Question

I am working on watermarking an image and am having a problem with my code. It does create a watermark in the bottom right side corner, but the text is not written.

Can anyone spot what is wrong with the code?

<cfset objImage = ImageRead("#UploadDir2#\#uploadfile#") />
<cfset objImage2 = ImageRead("#UploadDir2#\#uploadfile#") />
<cfset ImageResize(objImage,800,"")>
<cfif form.textonImage NEQ "">
     <cfset objWatermark = ImageNew("",20,20,"rgb","##F0F0F0")/>
     <cfset ImageSetDrawingColor(objWatermark,"##000000") />
     <cfset ImageDrawRect(objWatermark,0,0,(objWatermark.GetWidth() - 1),(objWatermark.GetHeight() - 1)) />
     <cfset ImageSetAntialiasing(objWatermark,"on") />
     <cfset objAttributes = {Font = "Verdana",Size = "8",Style = "bold"} />
     <cfset ImageDrawText(objWatermark,"#form.textonImage#",11,40,objAttributes) />
     <cfset ImageSetDrawingTransparency(objImage,60) />
     <cfset ImagePaste(objImage,objWatermark,(objImage.GetWidth() - objWatermark.GetWidth() - 0),(objImage.GetHeight() - objWatermark.GetHeight() - 0)) />
</cfif>   

<cfset ImageWrite(objImage,"#UploadDir2#\#uploadfile#")>            
<cfset ImageResize(objImage2,#request.pic_th_width#,"")>
<cfif form.textonImage IS NOT "">
    <cfset objWatermark = ImageNew("",#request.pic_th_width#,#request.pic_th_width#,"rgb","##F0F0F0")/>
    <cfset ImageSetDrawingColor(objWatermark,"##000000") />
    <cfset ImageDrawRect(objWatermark,0,0,(objWatermark.GetWidth() - 0),(objWatermark.GetHeight() - 0)) />
    <cfset ImageSetAntialiasing(objWatermark,"on") />
    <cfset objAttributes = {Font = "Verdana",Size = "20",Style = "bold"} />
    <cfset ImageDrawText(objWatermark,"#form.textonImage#",11,40,objAttributes) />
    <cfset ImageSetDrawingTransparency(objImage2,60) />
    <cfset ImagePaste(objImage2,objWatermark,(objImage2.GetWidth() - objWatermark.GetWidth() - 0),(objImage2.GetHeight() - objWatermark.GetHeight() - 0)) />
</cfif>

EDIT:

I answered my own question, so let's delete it or ignore it.