Water/Terrain stretching?

[Loqq]

Hello Polycounters, I am having an odd problem in Cryengine 3. When I create a new level and set the parameters for said new level (terrain size and name) and then hit generate all I see is water, as in the first image. After entering the terrain editor and moving to water down to a level of 2, from 16, so I can see my terrain, I get what happens in the second image. Any thoughts on what is happening?

http://i.imgur.com/MDFAm.png

http://i.imgur.com/DRe9X.png

[AlexCatMasterSupreme]

I have never encountered that, ever, have you tried Crydev? That is the best place to get help for Cryengine, if you do, post results here to help anyone else who may come across this:)