thank you for the feedback. I chose a simplified pillar so that it will look like a P. This is also partly the reason why the pillar was placed on the left. Here is by the way another entry. The concept of a pillar is integrated into the TEXT this is why they are tall and spaced apart.
Thanks for the additional entry, Red (#42). Can you lower the lettering a little? I'd like ot see what that would look like. Seems the lettering is a little too tall. Thanks!
Here is the previous logo with a shorter letter. I made the letters tall to emphasize on the concept of them being "the" pillar (for better association of the concept with the name). Also, tall pillars are often found on stately and historical architectures thus connoting elegance, presence, foundation, importance and legacy.