Um...I looked through the command Ref. for B+ and didn't find any delaytimer. If you meant delay, then it will delay 1 sec for every 1000 you put after delay:
Createtimer should be used with waitTimer in that a variable is used for createtimer and waittimer waits untill the specified time is reached.
delay(1000)
Createtimer should be used with waitTimer in that a variable is used for createtimer and waittimer waits untill the specified time is reached.