Help! loading image from txt file

I am trying to make a carousel menu in flash as2 that loads its variables from a text file, however it seems that it just isnt working with the image. Would you be able to help me sort this out?

The Codes:

My actionscript on first frame:

myData = new LoadVars();
myData.onLoad = function() {
 text1.text = this.fText1;
 mcImage.loadMovie( txtImageURL1.text );

My text file:

&fText1=Test 1!

Also if you could help me with adding a url link from the text file this would help greatly

Thanks in advance.