As you can see in the screen capture here, I've added a PNG with alpha channel and it looks great in Modeler, in OpenGL in Layout, but not in VPR or with an F9 rendering. Then, my creamy yellow avocado is solid black when rendered.

I'm playing with the image in image editor and by toggling Invert Alpha I can see the alpha channels seem to be in Lightwave, except when its' time to render.

For the record this is my FIRST 2018 project after upgrading from 11.6. So I have a lot to learn. Why is my image looking good in Modeler and Layout OpenGL but when it renders it's black?

Click image for larger version. 

Name:	2019-04-06_18-39-53.png 
Views:	34 
Size:	434.1 KB 
ID:	144685