Board Thread:Speculation House/@comment-7407875-20130324030315

So looking at how Miles arranged the character emblems in the picture, it is obvious that the four lower emblems represent team RWBY; the rose on Ruby's belt and altar, the snowflake on Weiss's back and spells, the shadowy symbol on Blake's leg, and the last one somehow related to Yellow. That means the four above, which have never been revealed before, must be the emblems of the four people on another team in the school/academy/institution. They almost certainly belong to the second predominant team in the show besides team RWBY that either Miles and Kerry or Monty talked about in their respective interviews.

Also, just seeing the new emblems you can guess at the team's name because of the nameing rules set up for the show which Monty talks about [|here]. You can see usage of these rules in team RWBY: R(ed/uby) W(hite/eiss) B(lack/lake) Y(ellow/????). Miles also arranged the emblems in order of RWBY, meaning the other four emblems should also be arranged in order to spell the name of the other team. A four letter word that sounds like a color, makes you think of a color, or is a color in some language. Judging from the picture, the four colors, and therefore colors of the four characters, could be (from left to right) Aureolin (the emblem color is slightly brighter than the yellow on Yellow's), Pink, Crimson, and Mauve, which doesn't spell anything recognizable but anyone can take a guess.

Finally, the symbols could hint at what fairy tale/legend/myth/folk story that the four new characters could reference. It looks like Pink's symbol is lightning through a hammer, immediately bringing Thor to mind. The rest look like a flower (lotus?), spear on sheild (THIS IS SPARTA?), and a crescent moon. So yeah, just some more stuff to speculate about. 