Quick logo design contest $350

Hello guys,
we need a logo for our new project icoopass.com (nothing on the site yet)
So, it gonna be a portal to several sites. Surfers supposed to have access to all the sites using one login and password (pass)... yes kinda AVS system. ICOO - is the name of our company...
We need a logo for this project and here seems to be right place to get it :-)

Now the contest rules:
- contest starts today and finishes at 25-th Aug evening
- first place $250
- second $50
- third $50
- at least ICOO part must be written using bitsumishi.ttf (you'll find it easily on google) other things are up to you
- we pay by epassporte or paypal, or even WU if you can't accept other options
- we will vote for logos by ourselves and will ask some other people to choose the winners.
- we must have vector or 300dpi logo sources at the end
- feel free to vote here for somebodies entries, all votes counted!

Feel free to ask here all the questions.

Thank you very much let the muse be with you, and let the contest begin!

Sincerely,
ICOOPASS.COM - Chief Manager