Hello. I have some strange problem with missing textures of items. It is not happening with only Project red installed but something, maybe some other mod interaction, causing the problem.
I am not really sure, what it can be.

Here are some pictures:
http://imgur.com/iN8MMn0
http://imgur.com/i9UYwzJ
http://imgur.com/a3PTWzw
http://imgur.com/VUX5ibX

Here is log:
http://ulozto.cz/xcDfuaZv/fml-client-latest-log
(hope you can open it, it was actually too big for pastebin)

Keep up awesome work!:)I am really glad, where this mod is going :)

Remove texture packs, and try with just PR. If it works, keep adding mods one by one until you figure out which one is causing it.

Its SquidUtils. What now? Are you going to solve it with CoolSquid?

Report it to them, I'm not doing anything special with those textures. And be sure to include a full log.