AIR for iOS, Embedded SWF MovieClip

I would like to play a movie clip that I have a in a separate SWF file.  The following code works on my PC debugger, but the movie does not play (or even load) on iPhone.  Is this possible on iOS?  What am I doing wrong? Thanks in advance...

  [Embed(source = '../assets/cinematics/test.swf', mimeType='application/octet-stream')] static public const CINEMATIC_A_SWF:Class;

    loader = new Loader();

    var context:LoaderContext = new LoaderContext();

    loader.contentLoaderInfo.addEventListener(Event.COMPLETE, movieLoadComplete);

    loader.loadBytes(new CINEMATIC_C_SWF() , context);

private function movieLoadComplete(evt:Event):void

  {

   movieClip = (loader.content as MovieClip);

   movieClip.play();

  }