Thank you very much for your entry!
Plus: Nice, interesting font. Even though it´s pretty narrow and compact it does not look squeezed or too crowded.
Minus: #22/#23: The wide format is uncommon for the use as an emblem. The S somehow splits the rest of the letters. We do not like the style of the crown too much, it is too deep cluttered between its jags.#21: we don´t like the greytone, too much associated to (unhealthy and bad smelling) tobacco smoke.