Clothing company needs a unique and cutting edge logo (improve existing logo)

Clothing designer seeking a new and improved logo that will be used on all promotional material. The prize is low because ive never been on here before so i dont know what the results will be. I will willing to go as high as 150.00

http://www.morph-clothing.com

Tagline:
changing, transforming and always evolving

Desired Color Scheme:
Black, ruby red, white and maybe electric blue

Desired Style:
Theme: Espionage, sci-fi inspired, image driven, futuristic/modern design with an edge. Venus rising was used on the old font/banner.

Do not want - techy looking fonts or anything that would be hard to read.

Accepted File Formats:
vector

You can view http://www.myspace.com/morphclothing

Please IMPROVE or come up with a better logo with text! Heres what I had in mind. I was thinking of adding a gun target mark and use it as one of the O's from Morph or Clothing? I need variations to help me decide which one will be best suited for my new line.

The image that im going for is cutting edge fashion design, sexy, sleek, and sometimes decontructed. Overall company is obviously image driven and will be using espionage as a theme on my new collection.

If you have any other questions, please ask away. Thanks in advance!