Yes, this JPCT-AE lib has a sample "load3ds" that load .3ds file (of 3D-Max editor software) with .jpg texture file and rotating on the screen. But over the blue color.
'Makes the view transparent
JpctView.Initialize1("Jpct", 1, True, Jpct.RENDER_CONTINUOUSLY, False, Jpct.TRANSLUCENT)
'Makes the sky transparent
SkyColor.Initialize3(0, 0, 0, 0)
'Solves the problem of black being displayed as transparent (see below)
MyTexture.Initialize2(File.OpenInput(File.DirAssets, "my_texture.png"), True)