Events Overview
Data for the following events are embedded by Captionate 2: Due to playback latency, the NetStream.time value received at the events may differ slightly from the actual timestamp of the markers/captions/cue points. Also, NetStream.time will only return a time value if a tag exists in the FLV at that time. One way to compensate for latency is by using the Tweak Times Dialog.
About the sample code
In the sample code for events, nets is a NetStream object.
Here's a sample code for playing a local FLV:
	nc = new NetConnection();
	nets = new NetStream(nc);
	video.attachVideo(nets); //Video is an Embedded Video symbol"sample.flv");