As3 equalizer & volume control help needed!

[bigbox]

I was wondering if somebody could help me adding an equalizer and volume control for the following code.

//number that is redefined when the pause button is hit
var stopPoint:Number = 1;
//a true or false value that is used to check whether the sound is currently playing
var isPlaying:Boolean;

//think of the soundchannel as a speaker system and the sound as an mp3 player
var soundChannel:SoundChannel = new SoundChannel();
var sound:Sound = new Sound(new URLRequest("demo.mp3"));


//you should set the xstop and xplay values to match the instance names of your stop button and play/pause buttons
xstop.addEventListener(MouseEvent.CLICK, clickStop);
xplay.addEventListener(MouseEvent.CLICK, clickPlayPause);


soundChannel = sound.play();
isPlaying = true;

function clickPlayPause(evt:MouseEvent) {
    if (isPlaying) {
        stopPoint = soundChannel.position;
        xplay.gotoAndStop(2);
        soundChannel.stop();
        isPlaying = false;
    } else {
        soundChannel = sound.play(stopPoint);
        isPlaying = true;
        xplay.gotoAndStop(1);
    }
}

function clickStop(evt:MouseEvent) {
    if (isPlaying) {
        soundChannel.stop();
        isPlaying = false;
    }

}

[bigbox]

Ok i managed to create the volume control, but is not working, can somebody help me with it.
Here is my code.

//number that is redefined when the pause button is hit
var stopPoint:Number = 1;
//a true or false value that is used to check whether the sound is currently playing
var isPlaying:Boolean;

//think of the soundchannel as a speaker system and the sound as an mp3 player
var soundChannel:SoundChannel = new SoundChannel();
var sound:Sound = new Sound(new URLRequest("http://176.9.42.221:8000/;"));


//you should set the xstop and xplay values to match the instance names of your stop button and play/pause buttons
xstop.addEventListener(MouseEvent.CLICK, clickStop);
xplay.addEventListener(MouseEvent.CLICK, clickPlayPause);


soundChannel = sound.play();
isPlaying = true;

function clickPlayPause(evt:MouseEvent) {
if (isPlaying) {
stopPoint = soundChannel.position;
xplay.gotoAndStop(2);
soundChannel.stop();
isPlaying = false;
} else {
soundChannel = sound.play(stopPoint);
isPlaying = true;
xplay.gotoAndStop(1);
}
}

function clickStop(evt:MouseEvent) {
if (isPlaying) {
soundChannel.stop();
isPlaying = false;
}

}

//Volume Control//
var volumeLevel = soundChannel.soundTransform;
var newLevel:Number = volumeSlider.sliderKnob.x / 100;
volumeLevel.volume = newLevel;
soundChannel.soundTransform = volumeLevel;