Nothing To Lose

Here is a very simple way to create a reflection of Text or any image using GIMP.
Use any script-fu to create a logo. For this tutorial i have used script-fu–logos–chrome
After running the script with you favorite text you should have something similar to IMAGE 01.

Set focus on the newly created image. Press Ctrl+L, you will get a layer dialogue box. Disable the background layer by clicking on the ‘eye’ next to the layer. Press Ctrl+M to merge the visible layers. Now we have a image with transparent background. Open a new canvas of required size. Copy the earlier image to this canvas. Open the layer dialogue box here and click on lower left icon (new layer icon) on the box. This will make you pasted part as a new layer. Paste the same image once more following the earlier precess and place it exactly below the previous one. Right click on this pasted layer, select Layer–Transform–Flip Vertically. You should get something similar to IMAGE 02 Again open the layer dialogue box, decrease the opacity for the inverted image from the opacity slider. And your reflection is ready. See IMAGE 03

IMAGE 01 IMAGE 02 IMAGE 03