var timers = [];

// define setTimeout
function setTimeout(fn, ms, args) {
    var executeAt = (new Date()).getTime() + ms;
    timers.push({
        fn: function () {
            return fn.apply(this, args);
        },
        executeAt: executeAt
    });
}

// register onFrameEvent which checks for
// the functions which should be called
ccbRegisterOnFrameEvent(function () {
    var now = (new Date()).getTime();
    for (var i = 0; i < timers.length; i++) {
        if (timers[i].executeAt <= now) {
            timers[i].fn();
            // This array remove method is slow for small arrays
            // but I guess you can get OutOfMemory otherwise
            timers.splice(i, 1);
        }
    }
});

var node = ccbGetCurrentNode();

setTimeout(function(node, text) {
    ccbSetSceneNodeProperty(node, 'Text', text);
}, 1500, [node, 'a text from the script']);