FACT OF LIFE: out of memory while displaying sprite, even after purging all purgable castmembers.

I'm afraid your panorama image is just too big for SPi-V to display in one go. Apparently, Shockwave is having problem opening your 13000+ * 6500+ pixel image.

If you really want to display the panorama at this size, and your computer can handle it (you probably need a 256 Mb graphics card to display this panorama at full resolution), you may want to chop the image up into several tiles. You'ld have to create an xml file with a panoelement for each tile.