I looked at the mdw you supplied (FFwear.mdw). It only has 1 user in it which is the admin user. Are you sure this is the actual mdw utilized in the shortcut?

Usually the mdw file will have more than just the admin user.

Also, do you get a prompt for the username and password when you use the shortcut to open the mdb? If so, have you tried just entering Admin for the username (no password.) The Admin user I found in the FFear.mdw file you supplied doesn't have a password so I'm guessing that if you entered Admin as the user (with no password), you may be able to get into the mdb (also try holding down the shift key when you click ok to get into the design view).