Simple color script. Not the best, but it works.

on 1:INPUT:*: {
  if (/ !isin $Left($1,1)) && (%TText = On) { msg $Active [ %bx ] $Strip($1-) [ %by ] | halt }
}
Alias colorchoose { set %bx  $+ $?="Text Color(0,15):" $+ , $+ $?="Background Color(0,15):" | set %by  | echo $Active %Bx This is how the text looks now :D %by }
Menu Channel {
  Color Choose:.color choose
  Special Text:.spfontt
}
Alias Spfontt {
  if (%Ttext != On) { set %Ttext On | echo -a Set colored text on! }
  elseif (%Ttext = On) { set %Ttext Off | echo -a Removed colored text! }
}