Great job (we all like it)!
Could you: 1) make the wind curves much thinner so not as prominent; 2) put the "FUN is part of LIFE!" (spread out across the whole bottom "justified" with the "is part of" 1/2 the size of "FUN" and LIFE!") under the grass (on the white of the balloon I hope the final logo can be minaturized and put there); 3) the cloud behind the balloon moved up toward the top, right of the balloon (and all clouds just a little smaller, thinner, a little flat on the bottom, and add a flat cirrus cloud); 4) delete the black line under the company name; and 5) change the rock to rolling hills going backwards to show depth.
I don't see your other version I ranked high, but am moving this higher in the rank.
Thanks for your work.