Circle Preloader + Movieclip Loader Class =?

1

I am trying to make a circle preloader, so i need to convert it to be frame based. Can one help me understand why this is not working?

Check it out: http://0-style.com/test/test.html
Zip with Fla: http://0-style.com/test.zip


function loadExtMov(movieName, targetMovie, transEnabled:Boolean) {
	var mcListener:Object = new Object();
	mcListener.onLoadProgress = function(target_mc:MovieClip, bytesLoaded:Number, bytesTotal:Number) {
		status_txt.text = Math.round((bytesLoaded/bytesTotal)*100);
		// Radius Preloader 
		frame = int(bytesLoaded/bytesTotal/100);
		tellTarget (progress_mc) {
			gotoAndStop(frame);
		}
	};
	var image_mc:MovieClipLoader = new MovieClipLoader();
	image_mc.addListener(mcListener);
	image_mc.loadClip(movieName, targetMovie);
}
loadExtMov("1.jpg", container_mc);