Wrapped Text Effect
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Step 7.
Make another copy and then distort it like in image 19. Duplicate the original layer, from the bottom, and bring it to the top-center of the letter (image 20). Flip it vertically (edit > transform > flip vertical), distorting it slightly to fit the template letter.
Step 8
Next, duplicate the top left layer (image 22) and rotate it by 90 degrees clockwise (edit > transform > rotate 90 degrees CW). Use the the transform tool to distort it so that it covers the top part of the letter.
Step 9
Erase the part on the left (image 25). Duplicate the layer set containing all the layers, flip it horizontally and then move it over the right hand side (image 26)
Step 10.
Next, zoom in to 300% and use the polygonal lasso tool to create the selection shown in image 27. Fill a new layer with grey (AFAFAF) and then contract the selection by 2 pixels (image 28). Add some small text like 6pt verdana, and then create a darker grey (737373) circle, using the elliptical marquee tool.
