RichTextBox - Copy All Selected Textbox

Here is what I got so far:
1) I have a VB2010 Project. The form contains the following things:
1 RichTextBox (RichTextBox1) 8 Buttons (Colors: Red, Green, Yellow, Blue, Teal, Pink, White, Black) (Button1 until Button8)
1 Button "Copy Selected Text" (Button9) 1 TextBox (TextBox1) 1 Button "Copy Finished Text to Clipboard" (Button10)

2) Here is how the program should work:
I write some text into the RichTextBox I select specific parts of the text, click one of the 8 color buttons and the selected text becomes that color. I do that until all the text is randomly colored e.g: Red Green Yellow Blue Teal Pink White Black
I select all of the text "RedGreenYellowBlueTealPinkWhiteBlack" I press the "Copy Selected Text" Button (Button9) The selected text should become visible in the TextBox like this: ^1Red^2Green^3Yellow^4Blue^5Teal^6Pink^7White^8Black
I press the "Copy Finished Text to Clipboard" (Button10) The character count (length) of the TextBox1 should not exceed 32 characters. If it does show message box. The whole TextBox1 should be copied. If the text is successfully copied, show MessageBox with "Success" else show MessageBox with "Error".