Logo Concept: "Gash"

Practicing some logo design every week (definite weak point for me) using a (mostly) random word.

I settled on some typography, adjusted the kerning a bit, and now am working on tying in the drops of blood into the typography.

Haven't found a concise way to tie them together: hanging drops from various letters or replacing serifs isn't quite legible.

I need the end result to be comprehensible as monochrome and on a dark background.

Thoughts/suggestions?