The man who approached him for me was very surprised that he wasn’t interested in outside investors also. I have asked if there was an amount that might interest him and the answer was the same, “I prefer to do this myself.”
Now does that mean that at the time he wasn’t confident in securing a commercial success or that he’s just an honest man? That I cannot say because I don’t personally know the man and he wasn’t the slightest bit interested in reading my offer even though he knew the amount that was offered.
More than anything else I've read on these E-cat threads, this one thing speaks louder about him than anything else I've seen.
No con artist turns down money like that.
This man honestly believes in his work, and has faith that he'll be able to bring it to market on his own terms. He's obviously holding out for something much bigger than he'd see as a founding partner of a publicly traded company.