CH as you are an internet based business I feel you haven't quite grasped the concept of WEB 2.0 logo design. I see many entries for this and other competitions that are quite simply dismissed without feedback. Designers that have taken the brief, and the other entries into consideration and have produced both original and 'REFINED' versions that many companies would be proud to adorn. For your information and enlightenment please check
http://www.web2list.com/logos which will show you just what WEB 2.0 logos are in the public domain and give you an idea of just how much your logo will have to stand out of the crowd.
This is just advice from a designer with a mere 20 years professional experience working with blue chip organisations and design professionals.
Ignore advice or choose to work with the designers who are commiting time and resource at their own expense.