Logo Re—Work x 1,000,000

I wasn't 100% happy with the final logo so I decided to re—work the original letterforms and develop the logo using a completely de-constructed design. The image below is the de-construction process of the flags to create the shapes to make the new logo with. There are also a few suggestions as to how the logo can be applied across colour schemes and ideas.
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The new slimmed down logo looks much better but I feel it can still be neatened up and refined into a final form. I will keep blogging the progress and see how the logo looks in the rest of the letters in the alphabet.