I can't figure out what I am doing wrong.
Here is my process (all in Lightroom 2.6)
In the LR export dialogue box I use Mogrify to add a watermark.
The watermark file is 800 x 600, 2.04 kb and a PNG format.
I check resize watermark, and enter 30% of shortest edge.
Overlay mode = normal.
When I made the watermark graphic, I used CS3 and used save for web device option.
Font is Arial, black
I haven't applied any opacity
Thanks for any suggestions,
Tom






