Okay, i'm probably an idiot, but here is what I have done:
1. D/L latest nginx 1.9.4 source from http://hg.nginx.org/nginx/tags 1.9.4.zip
2. pcre8.36
3. zlib 1.2.8
4. openssl 1.0.2d

And original configure runs fine. When i run the nmake -f objs/Makefile is when I get error. If I read your reply-post correctly, I've done everything you've said, but still fails openssl compile.According to your post the code should have been adjusted to use NO_ASM in openssl, but it still fails. So please explain how to use an already compiled openssl with an nginx compile where you don't use nginx to compile openssl. I'm not trying to be difficult, but I've read, tried, read some more and am getting no where. I just want to be able to compile and get a working nginx with the rtmp module included. i really do appreciate any help you can give me. Do i need to change some file in the latest nginx to specifiy No_ASM?

Thanks for your assistance.