ActionScript Textfield Properties

i created a textfield using actionscript code this way and i set the html property to true, but it doesnt take effect or it doesnt work.

createTextField(“scroller_txt”, 1, -500,100, 2000, 50);
scroller_txt.html = true;

but it doesnt show the image i want to embed. Also the other properties i set do not take effect

myTextFormat = new TextFormat();
myTextFormat.font = “Verdana”; //this should be a string
myTextFormat.color = 0xffcc00; // the color should hav a 0 before
myTextFormat.size = 30;


What could be the problem?

Please help me out.