The cut of the words tells me a message of separation, yet the words (Graphic Dialogue) tell another story of bringing it all together. The cut text is really cool looking and gives a clear message. Well made poster and good use of space.
Here is another example of a simple stylization of a logotype. The "A" in Water has a water droplet replacing one of the stems from the letter. A good modern logotype who's symbolism is easily identified.