Need Help Aligning Text Objects

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Hey all, I have been working on a clock app similar to Qlocktwo, but I have an issue that I haven’t been able to work out for a long time.

I want to be able to automatically insert/remove space between the different text objects on the screen. As it stands, each string of characters is its own object, and I change the alpha value if I need it to be “on” or “off.” The problem with multiple objects as opposed to each line being its own string is that I have to assign X and Y values by hand to have some semblance of spacing.

Unless there is a way to set the fill color of a substring in an object that I haven’t been able to find, I would really appreciate any ideas as to how I can solve this problem.

Thanks again.