Bad Opengl output, SDL2 x86 - c++

Question

I have been working on a small hobby project for over a year now. Its written in C++, using SDL/Image/Mixer and Minizip. It uses OpenGL for rendering.
Till July of this year I had been maintaining and testing both x64 and x86 versions of the code. Both compiled without any changes to the original code and ran exactly the same.
However, around August i moved the code upto SDL 2.0 from 1.2.15 and started only maintaining and testing the x64 version. Now when i try to build a x86 version I am getting the below problem.
Correct Output
Incorrect Output
-
Things I have tried:
gDebugger: both version of the code create the same type of context.
However accumulate buffer is 64 bits in both. Cannot find a way to
disable it.
ran it through drmemory: no alarming memory or heap corruption
check contexts on creation: both version create the same value
context in SDL, both generate the same "No OpenGL context has been
made current" even after calling SDL_GL_MakeCurrent, but the x64
version works, the x86 debug version gives a black screen, and the
x86 release version gives the above output.
Both the x64 and x86 version are the same exact code, which used to compile and work properly before SDL 2.0. I am not sure if its a bug in SDL, or something i did wrong. Let me if you need more information on this.
Update:
I am using pure GL 1.1 code only, so no shaders or vbo's. Using only glVertexPointer, and associated glColorPointer and glTexCoordPointer functions. all arrays are defined as GL_types, with the gl functions given the pointer to the client memory. All textures are rendered as quads.
GLfloat vertex_array_3f[12];
//Initialize array
glVertexPointer(3, GL_FLOAT, 0, vertex_array_3f);
//set color and tex pointers
glDrawArrays(GL_QUADS, 0, 4);
The context type I am requesting is 2.1, but instead i get a backward compatible context. Doesnt cause any issues in the x64 version.
I also changed over the from VS2010 express to VS2012 express during the same period. But i do remember it compiling succesfully for x86 for VS2012 express.
edit: Has any one experience anything like this before? I am doing some testing in the meanwhile, if i find anything will post the findings below.