Flatworld, You are on the right track.
I like your "M" logo, but please suggest different color scheme to make it clearer.
I would also like to see "Medika" to be in darker color so it is clearer.
Roy
I also like to have version of design with just "Medika" without the Corporation, and focus on "Blue" and "Gray" color, maybe adding the third color "Red".
I also like to see a special "M" logo in front of the "Medika" or on top of "Medika"