Logo and Stationary for Online Martial Arts Store - UPDATED, PRICE INCREASE!

I HAVE INCREASED THE PRIZE TO $300 and the CONTEST WILL NOW INCLUDE BUSINESS CARDS AND LETTERHEAD ALONG WITH THE LOGO.

Let me know if you have any questions regarding the changes.

Need a logo AND STATIONARY for a new martial arts supplier called X-tremist Martial Arts. VERY OPEN TO DESIGN OPTIONS. Please read full description.

X-tremist Martial Arts

Desired Color Scheme:
Up to the Experts

Desired Style:
I leave the style up to the experts. It can be hardcore, professional, wimpy, whatever. Once I see a few submissions I will start to guide the project towards a style that I think fits the business best.

Accepted File Formats:
Vector, AI, PSD, etc.

X-tremist Martial Arts is, as the name implies, a martial arts supplier. They sell training equipment, uniforms, weapons, etc. to both schools and individuals. We are looking to create a strong presence on the web, but we want to make sure we have a strong logo/business identity before we make the jump.

We are looking for a logo that not only looks good online, but it needs to transfer well to t-shirts, letterheads, business cards, etc.

None of us are really designers at heart, so we leave the color scheme up to the experts. This business has been around for many years, so we want to make sure we stay around from too much of a PUNK look that tends to plagues any business with X-treme in the name. We are open to opinions, but the RED/BLACK look seems a little overdone to most of the people in charge. However, if you really want, please prove me wrong! :)

I look forward to answering your questions/providing feedback for your entries. Once we do pick a winner, we will be interested in additional work.

Final Note: We may end the contest early if that ONE design comes up and hits us in the face.