2D Assist Trophy troubles

[Angelglory]

I dunno if I'm doing something wrong here, but I keep getting stuff like this whenever the AT I'm trying to texture appears:
(Excitebike & Infantry, only Excitebike shown but Infantry has the same problem)

Slightly screwed up colors
http://i27.tinypic.com/1hz79v.jpg

Flat-out messed up colors
http://i29.tinypic.com/9hqolf.jpg

[Angelglory]

Bump?