Just wanted to share something that worked for me. Not sure if it's right solution or just a workaround.

The colored JPEGs were opened using MS Paint (in Edit Mode) and were "re-saved"

as a JPEGs again.
Now the AFPs generated using these "re-saved" JPEGs were viewable in the CMOD viewer without any issues. The viewer did not crash or anything!

From what I could see, the re-saved JPEGs were having JFIF metadata in addition to whatever other attributes the image already had.
I would be grateful if anyone else has faced the said issue and has a better solution/workaround than what I have seen. Please do post here!
