I’ve got a preloader with the same code I’ve used MANY times and it has always worked fine. Now when I test it in a browser it just stays on the fullyloaded preloader and doesn’t go to the 3rd frame,the strange part is that it works if I test it in Flash like with the dload simulator (Command+Return on Mac) checkout my .fla:
http://www.nucklewebdesign.com/dload