Walwus just to be honest with you I will praise you and humilate you at the same time.
First one looks so bad that I can't believe you were capable of making the second one looking nice.
Second one looks ok , it is actually one of the few designs that I seem fit to my description , they are not bad , just the font was not a good choice but the idea of it was good. Tough , this still doesn't mean that first one was horrible
I am in talks with couple of designers now , I will let you guys know the result , you can keep presenting your logos tough , I can still choose one from here instead of them.
For people who said 0.05 is low for a logo , I found 3 designers (not faucet hunters , real designers who do this on this forum) who were willing to work for same amount (even less) and make great results so far.
There is no deadline like I told you guys before , the moment I see something I like , I will use it , if I like the next one it will be contest over , if I like something 3 months from now , that will be the contest over , no deadline.