Preloader code not working - please hope me!

Please help! I don't understand what I'm doing wrong. Here is my abbreviated code.

Code:

---

package {
    import flash.display.*;
    import flash.text.TextField;
    import flash.events.*;
   
    public class Main extends MovieClip {

        public var loadText:TextField = new TextField();
       
        public function Main() {
            stop();
           
            loadText.height = 20;
            loadText.width = 50;
            loadText.x = 450;
            loadText.y = 250;
            loadText.border = false;
            loadText.background = false;
            loadText.textColor = 0x000000;
            loadText.selectable = false;
            loadText.text = "0%";
            addChild(loadText);
           
            this.loaderInfo.addEventListener(ProgressEvent.PROGRESS, checkProgress);
            this.loaderInfo.addEventListener(Event.COMPLETE, onComplete);
       
        }
       
        private function checkProgress(e:ProgressEvent):void {

            var total:Number = e.bytesTotal;
            var loaded:Number = e.bytesLoaded;

            loadText.text = Math.floor((loaded/total)*100)+ "%";

            if (total == loaded){
                removeChild(loadText);
                this.loaderInfo.removeEventListener(ProgressEvent.PROGRESS, checkProgress);
            }
        }
        private function onComplete(e:Event):void {
            this.loaderInfo.removeEventListener(Event.COMPLETE, onComplete);
            init();
        }
}

---

When I test this and do a simulated download, I get a white screen for a few seconds and then the init() function fires and the movie starts. What am I doing wrong?

that is what it is suppose to do.

But the document background color is actually red, and the loader text is not showing. I was hoping it would show an increasing percentage load in the text field I added to the stage. I don't see it.

i tested your code just added the init function to tell it to play not sure what you have in your ... your posted code above was missing a } at the very end... i saw the percentage text in mine.