Just looking at this now, from a great file called GPSLog posted here by a user
Here are 3 layouts he/she used
LatDatLbl.Text = NumberFormat2(Location1.Latitude,0,6,6,False)
LonDatLbl.Text = NumberFormat2(Location1.Longitude,0,6,6,False)
LatDatLbl.Text = Location1.ConvertToMinutes(Location1.Latitude)
LonDatLbl.Text = Location1.ConvertToMinutes(Location1.Longitude)
LatDatLbl.Text = Location1.ConvertToSeconds(Location1.Latitude)
LonDatLbl.Text = Location1.ConvertToSeconds(Location1.Longitude)