It is the file. I tossed in another file and it processed fine. I’m in AI and I’ve looked for overlaps, hiding nodes, orphaned nodes, random paths. The circle was drawn as a path, offset, make compound shape. The image is a tif file with a transparent background that was rasterized. Every thing seems fine in outline mode.
So once it’s loaded, i flip it, rotate it and turn on pass-thru, and finally resize it to fill the width. It looks fine still.
Hit print and once it processes to the first stage, there’s now what appears to be an overlapping fill from the outer circle cancelling out the actual circle. >sigh<
Edit: even used that compound circle to trim the lettering(that I’d converted to outline) so there was no overlap there.