To sum it up in a nut shell. I created the target ring and it works great, I had a Con target ring that would not change colors and after getting some great help I found out the Con ring has to be white for the game to make it change colors.
Now the problem I am having is that the Con ring is making huge white all over my screen. It was created within the 512x512 saved with no mip mapping at 8x8x8x8 ARGB.
I deleted it as well and installed the default target ring and it is still making a mess of my screen. I am currently using Profit UI.
Here is what the problem looks like.