I created a short animation of a ball going through a pool of water. I animated and exported this into Ligthwave 11.6...
So far I've been able to get the animation sequence and liquid mesh to show up in Lightwave. But I cannot get the splash and foam to show up.
The particles are there. But I have no way to texture them. So they don't seem to show up.
Is there something I'm missing?
Here is a screen shot.

The particles can be seen, but if I render the image or use VPR, they are not there.