No Material on the River Editor

Fresh install of T3D Beta, just started making a map and decided to throw a river in the map. Got to the point of putting in a lake and noticed the lake and the river looked completely different. That's when I noticed that the surface of the river and other aspects contain a no material.

http://gameshost.hngamers.com/torque/Blistering_DEBUG-2010-03-16 10-07-17-90.jpg