[lite-c v7.07.6]
Same thing creating an image (not a model) from within a folder.

-> ERROR: "Bad file format" /or/ "File not found" with ent_create()
 Code:
STRING* str_model	= "data\\red.tga";
void main(){
	
	wait(1);
	video_set(800, 600, 32, 1);
	level_load("img_err.wmb");
	wait(3);
	
	vec_set(camera.x, vector(0,0,500));
	vec_set(camera.pan, vector(90,270,0));
	
	you=ent_create(str_model, nullvector, NULL);
	you.tilt=90;
	
}



data\\model.mdl works fine. (model in subdir)
red.tga works fine. (image in root)