So I tried redownloading and re-installing. Didn't help.
Tried installing the latest version of Flash and restarting the computer. Still not helping.
So basically at this point I can play through to the first teleporter and thats it. If I quit, I have to start over.
Relevant technical info:
Mac OS 10.6.2
Flash version 10.0.42.34
vvvvvv version 10.0.42.34
vvvvvv created date and time: Wednesday, November 11, 2009 4:23 AM
I'd really love to be able to play the game, please help!

Mac version bugs:
1. Game stops upon reaching the first teleporter
2. Quiting the game all saves are gone.
Those are interesting bugs... I've never had those happen with my mac... strange.