Yeah, this reeks of the old ploy that practically every dev has been subjected to:
"Hey, I'm the CEO of a company that I just made up, and I have this billion-dollar business idea -- I just need someone to code it up! We can go in 90/10 on this idea: I dream up the ideas, and you write the code for them. I get 90% since I'm the one coming up with the ideas, and if you don't want to get in we can find another dev to take part in this ground-breaking project!"
"Hey, I'm the CEO of a company that I just made up, and I have this billion-dollar business idea -- I just need someone to code it up! We can go in 90/10 on this idea: I dream up the ideas, and you write the code for them. I get 90% since I'm the one coming up with the ideas, and if you don't want to get in we can find another dev to take part in this ground-breaking project!"
rolleyes