The fact that Hunter Wise was not interested in the BioHarp is meaningless. We have no idea why they were not interested but, like all other companies, investment firms have certain criteria that they use, and simply declining to take a stake does not lessen the viability of the investment itself. It's just as likely that they felt working with Mr. Lee would not be a good fit for them personally.
To call the BioHarp a "hunk of junk" without having any first-hand knowledge of the instrument is meaningless.
Hunter Wise would not be the first company to make a decision that later on turned out to be an "oh why did I do that?"
“There is no reason anyone would want a computer in their home”
Ken Olson,President, Chairman and founder
of Digital Equipment Corporation,1977
“I think there is a world market for maybe five computers”
Thomas Watson, Chairman of IBM, 1943
“This ‘telephone’ has too many shortcomings to be seriously
considered as a means of communication. The device is inherently of no value to us.”
Western Union, internal memo, 1876