It has potential. I do like things that have a elegant simplicity to them. My favorite version is the Black with White. The gold would be nice but it is trying to hard to be multi-colored. Maybe just gold? I do feel as if the "S" might be a bit too big? That is my initial thoughts.
I am liking the new designs with color. When is it too late to change the color. I love the design but the color is a little bit too much yellow. I feel it needs a bit more red/orange but not too much to make it look like neon or bright orange. I want subtle and elegant and not bright and loud.
#123 is our favorite version so far. We are still looking for more of a gold color than what you have. I know I am not supposed to tell you to copy other designer's work but take a look at some of the other gold colors used on logos submitted to get a better idea. In addition, do not be afraid to add a bit of dimension to the "Supreme Images" by using bevel/emboss or a slight shadow.