external SWF preloader text box problem

I am having a problem where this external SWF preloader (from the GOTOANDLEARN) tute, does not display the text even though I have the text box set up and everything in place. it also, on load, displays the loader (less the text box) when the code states it should not be visible.

can anyone help out?

var mcl:MovieClipLoader = new MovieClipLoader();

var mclL:Object = new Object();

mclL.onLoadProgress = function(target,loaded,total) {
loader.percent.text = Math.round((loaded/total) * 100) + "%";
}

mclL.onLoadInit = function() {
loader._visible = false;
loader.percent.text = "";
}

mcl.addListener(mclL);



s_past_mc.onRelease = function () {
loader._visible = true;
mcl.loadClip("SB_Simple_Present.swf", holder2);
}

did you try traceing the text to make sure it's working at all?

mclL.onLoadProgress = function(target,loaded,total) {
trace(Math.round((loaded/total) * 100) + "%");
}

I do not get trace results when I put that in....this is strange
and my .fla is too big to post.

any suggestions? this code is exactly as the tute states.

Mark

OK, I tried open the souce files, and I guess this was a flash 8 tute.
could anyone tell me if anything in this script is native to only flash 8?