"...when i clicked compile and save as, it never asked me for a password...."
Well, that's not quite where you are supposed to be asked for a pasword. What iVmichael meant by the statement,
'Where it says "your password" insert the one you want', is that in that line of script where it says:
if not PWText = "your password" then
you substitute your own personal password for the text he has in quotes: "your password". His use of that phrase is just a placeholder for you to add in your own.
So you weren't asked for a password after the compile/save as phase because that's not what the script does. You insert your password INSIDE the script, before compiling and saving.
Hope that helps...