Direct Markets Holdings Corp fka MKTSQ

[dickmilde]

Need some help on the S-3

Under "Use of Proceeds"

We intend to use the net proceeds from the sale of securities by us for working capital and general corporate purposes, unless we state otherwise in a prospectus supplement. We may temporarily invest funds that we do not immediately use in short- and medium-term marketable securities.

Under "Selling Stock Holders"... "Common Stock to be Offered"

John J. Borer III 250,000 shares
Paul Revere, LLC 2,750,000 shares

So which is it? RODM selling shares to raise money or an offering for the two indicated individuals to sell their stock ( which would not be share dilution or money for the company )

http://sec.gov/Archives/edgar/data/1054303/000093041309005270/c59093_s-3.htm#A006

Any help is appreciated...

Dick Milde