Hello mfran2002,
For ACSII PTS the columns have the following order: X, Y, Z, R, G, B, I
where I is color intensity.
For XYZ points file format it would be X, Y, Z, R, G, B, Nx, Ny, Nz
where Nx, Ny and Nz are components of point normals vectors.
Saving color and point normals is optional.
Altitude values for georeferenced chunk is expected to be height above ellipsoid, unless coordinate system used is based on different geoid model.