Creating an instance of the COM component with CLSID

I'm getting the following error when I run a script. It takes a few loops before it starts popping up.

New-Object : Creating an instance of the COM component with CLSID 
{0002DF01-0000-0000-C000-000000000046} from the IClassFactory failed due to the 
following error: 80004005 Unspecified error (Exception from HRESULT: 0x80004005 
(E_FAIL)).
At C:\Users\Script.ps1:210 
char:13
+       $ie = New-Object -Com "InternetExplorer.Application"
+             ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    + CategoryInfo          : ResourceUnavailable: (:) [New-Object], COMException
    + FullyQualifiedErrorId : NoCOMClassIdentified,Microsoft.PowerShell.Commands.NewObjectCommand

If you are constantly creating a new Internet Explorer Com object in a loop without destroying it when you are finished with it, you are bound to get the ResourceUnavailable error at some point.

Put this in your code (loop) when you are done using the object to clear it from memory:

$ie.Quit()
[System.Runtime.Interopservices.Marshal]::ReleaseComObject($ie) | Out-Null
[System.GC]::Collect()
[System.GC]::WaitForPendingFinalizers()