Thanks for your quick response Simon Lloyd. You have me on the right track but something about it is wrong because it's showing up like this
--------------- Added [DATE]1339614164[/DATE] at [TIME]1339614164[/TIME] ---------------
Thanks for your help I ended up figuring it out from your info. Replace everything with this and it will only show registered users who are online
<p>{vb:rawphrase there_are_x_online, {vb:raw numberregistered}}</p>