Leadstart Publishing asking for money to publish a novel. Is this company fraud?

I submitted synopsis and few sample chapters. They gave a quick reply in which they congratulated me saying that they had considered my novel for publishing. I read the 'Letter of Intent', in which they have asked me to share the cost of publishing with them, and in return they will give 25% loyalty on... show more I submitted synopsis and few sample chapters. They gave a quick reply in which they congratulated me saying that they had considered my novel for publishing. I read the 'Letter of Intent', in which they have asked me to share the cost of publishing with them, and in return they will give 25% loyalty on first 1000 Copies.
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