I didn't understand the 2 pantone colours bit..
thanks amoretanto, very good effort I like the 2 intersectimg o's, however, there is still something missing. I think it needs variation, have a look at the billabong logo to understand what I mean.
pantone are special colours used by printers, please search for pantone on this forum to learn about them.
The virtual client will need the pantone colour references to take to his printer.