Problem with Custom Textures....

Sorry if this is the wrong place!

I can successfully modify all of the png textures, but when I try a bmp, it ends up looking like this!

http://img242.imageshack.us/img242/7064/picture8rx1.png

I used this as the texture:

http://img174.imageshack.us/img174/8268/smashbrothers70d270e620ev8.png

These are the options I used for saving the bmp from Photoshop:

http://img513.imageshack.us/img513/6118/picture9cv0.png

Help?