UI scroller component help

Ok this is driven me nutz I’m just playing around trying to get the UI scroller component to work and I’m having to problems. One the scroller isn’t working and 2 most of the Lorem Ipsum dynamic text isn’t showing up. This is TOTALY weak. Cause the video tutorial I have on this makes it look unbelievable easy to make both works. Just drag the UI scroller in place and purplish and it should be working we it’s not working for ME!

Link to sample project file:


Thx for any help and feed back on what I’m doing or not doing to make this work.