Better fonts - better logotype

Looking for great ideas regarding the attached logotype. We are looking for a new clean font and look. Similar as it looks now but just something more cleaner and newer. Your work will be to provide us with font/graphic ideas/proposal that are better than the attached logotype. If we like your ideas we will hire you as our logo graphic provider and pay you $25 to start with. You bring us the fontname and the logotype and then we can start longterm relationship regarding graphic services. Feel free to also give proposal regarding the "M". If you have any questions - dont hesitate to send a PM.