Create a text field with the HO HO
at the top of the text settings 
is a function and below it is the value for spacing
here I have brought the two letters together with -1.5 
Above another HO in a different font
and added 2 stars on the side from the XCS library

make sure that everything overlaps with each other 
at the end select everything and click on unite
 

I used acrylic paints for painting
for the stars i mixed the gold with a structure acrylic color that has this dot in it
here you can paint it on both sides and also on the laser cut edges 

finally i used an acrylic gloss paint