Disappearing scene object when center of screen 0_0???

For some odd reason there's a scene object that I'm using for the background that keeps disappearing every time the camera is center of it and I'm pulling my hair out trying to figure out why. To test the glitch, I set the camera to pan left to right and only once the camera is center to the image, the image dissappears and returns once the camera is off center again. The image is a png file that's 512x352. It is just a plain scene object with no scripting tied to it.

Does this sound familiar to anyone?

Here's the image:
https://docs.google.com/leaf?id=0B-Pc7rf6DeuhZDNhNWI4YmEtZWVlZS00MjU3LWFhMWQtMTA2Y2Y3YTVmODk0&hl=en&authkey=CP7ApqML