cupcake, it's working. Chances are the control codes caused the code to not recognize the command. Change the text event to this:
on *:TEXT:$($iif(!time = $strip($1),$1)):#:{
It's always a good idea to use $strip() for the trigger commands. You'd never know if people have a custom script using control codes and that you do not have your mirc set to strip out incoming messages.
P.S. I know the user Teen would think otherwise.