Hi @psweb,
I have got the SMTP Mail server working correctly now.
I was missing the pickupDirectory entry in the Mailer server action. Once I set it up in the server action and created a relevant path/folder on the web server, everything started working as expected (Sending email from Server Connect on an aspx project).
Now I can begin to set up Reset/ForgotPassword functionality. Thank you again for all the help you have provided me so far 