Blitzmax doesn't support more than 16 timers?!

BlitzMax Forums/BlitzMax Programming/Blitzmax doesn't support more than 16 timers?!

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Been bug-hunting for the last couple of hours and it turns out it isn't even my code thats causing the problem.

Turns out Blitzmax cannot have more than 16 timers at once?? I currently need up to 80.

Global timers:TTimer[500]
Global success:Int = 0
Global fail:Int = 0

For n = 0 To 499
	timers[n] = CreateTimer(1)
	If timers[n] = Null
		fail:+1
	Else
		success:+1
	EndIf
Next

Print "Failed: " + fail
Print "Succeeded: " + success