widgitmaster,
I don't have Mach3 on one of my three computers at the moment so I can't tell you which screen to change, but in EMC2 I have to change the setting for the e-stop pin to invert the signal polarity. Mine wouldn't do anything either until I discovered that the setting is disabled by default (duhhhh!). I don't even have the switch installed and wired yet. Once I changed the polarity the e-stop button icon will toggle when you click on it.
Until you get the e-stop setting working right there will be no partying in the workshop......
CarveOne