this is what I see in the DBSpecific project file. It looks correct. I also checked the other project file and that is below. It also looks correct.
<Reference Include="SD.LLBLGen.Pro.ORMSupportClasses.NET20, Version=3.5.0.0, Culture=neutral, PublicKeyToken=ca73b74ba4e3ff27, processorArchitecture=MSIL">
<SpecificVersion>True</SpecificVersion>
<HintPath>C:\Program Files (x86)\Solutions Design\LLBLGen Pro v3.5\Frameworks\LLBLGen Pro\RuntimeLibraries\Net2.0\</HintPath>
</Reference>
<Reference Include="SD.LLBLGen.Pro.DQE.SqlServer.NET20, Version=3.5.0.0, Culture=neutral, PublicKeyToken=ca73b74ba4e3ff27, processorArchitecture=MSIL">
<SpecificVersion>True</SpecificVersion>
<HintPath>C:\Program Files (x86)\Solutions Design\LLBLGen Pro v3.5\Frameworks\LLBLGen Pro\RuntimeLibraries\Net2.0\</HintPath>
</Reference>
<Reference Include="SD.LLBLGen.Pro.LinqSupportClasses.NET35, Version=3.5.0.0, Culture=neutral, PublicKeyToken=ca73b74ba4e3ff27, processorArchitecture=MSIL">
<SpecificVersion>True</SpecificVersion>
<HintPath>C:\Program Files (x86)\Solutions Design\LLBLGen Pro v3.5\Frameworks\LLBLGen Pro\RuntimeLibraries\Net3.5\</HintPath>
</Reference>
<Reference Include="SD.LLBLGen.Pro.QuerySpec, Version=3.5.0.0, Culture=neutral, PublicKeyToken=ca73b74ba4e3ff27, processorArchitecture=MSIL">
<SpecificVersion>True</SpecificVersion>
<HintPath>C:\Program Files (x86)\Solutions Design\LLBLGen Pro v3.5\Frameworks\LLBLGen Pro\RuntimeLibraries\Net3.5\</HintPath>
</Reference>
<Reference Include="SD.LLBLGen.Pro.ORMSupportClasses.NET20, Version=3.5.0.0, Culture=neutral, PublicKeyToken=ca73b74ba4e3ff27, processorArchitecture=MSIL">
<SpecificVersion>True</SpecificVersion>
<HintPath>C:\Program Files (x86)\Solutions Design\LLBLGen Pro v3.5\Frameworks\LLBLGen Pro\RuntimeLibraries\Net2.0\</HintPath>
</Reference>