To the OP I'd suggest that you please break up your writing into shorter sentences. And try to group and list your ideas together, maybe combined with some pseudo-code. People then may be able to talk with you about other options. Because I think Ashley understood your original suggestion and pointed out the unusual, brittle nature of it. (outside of BASIC, as Newt awesomely points out!)
Construct event sheets are a unique animal themselves, but still they offer loops and functions which are so much better for managing control of flow and structure of software.