My issue is that the person who asked me if i was interested in this, seemed to have no idea that it is a pitiful thing to do. I even told him so, namely "you wouldn't like it if it was done to you", to which he replied "but it will be a good service". No it won't.
Anyway, it has to do with the publishing world, and i have decided to try to move to somewhat greener pastures within it. It is no surprise that many people in this business view it exactly like a business and nothing else. But it is very annoying to anyone who actually views writing as something serious in itself.
From a more empathic pov (though i doubt it is just empathy with me), i was disgusted by the idea that i - who wouldn't pay to have something published, cause that is really a nasty thing to do to oneself in the first place- would just propose to another writer to pay to have his work published, so that i would take a percentage. That is just jerkish. As noted, i have to move on.