Sorry, but you've lost me. I haven't got much experience with boot loaders, setting up dual boot systems etc.

Are you saying I need to install a boot loader onto the usb (that now should contain an iAKTOS S3 installation)?

Or are you saying I need a boot loader installed to my netbook to be able to boot from the usb (To get around the "No operating found" error)?

Or did you miss that I'm getting this error when trying to boot from the iAKTOS usb, not after a successful installation or something?
I'm really sorry, but I'm so confused right now so please bear with me

I might add the netbook already has win7 installed, I want to dual boot win7/iAKTOS S3 v2.