Lisa, yes I can turn a PSD design into a template/theme and 50/50 is fair. Can I see your TF (theme forest) link as well?
I would be interested in working with either both or one of you for some of my themes.As I said above I am a wordpress, php and html developer but I also know the basics of design, but I am not a great designer myself so that Is why I want to join forces with one.
I have a few websites, one of them is Secure Test Lab http://securetestlab.com, where I can build the framework from the PSD.
If you are interested on working on something now please send an email to email@example.com