To nip this in the bud, (so to speak), the problem with posting does not always show the motive, emotion, intent, or, actual meaning behind the post. Exactly why I do not allow my grandchildren to text me on anything....they need to hear my voice and I need to hear theirs so there is not a misunderstanding.
I think we can all agree that this start up insurance is risky. OK, well so is trying to start up any business.
As to the timing....We've got some pretty darn smart folks on our BOD that I am SURE, have gone over the positives and negatives concerning this venture. I am also POSITIVE they know much more than any of us here on what they have to work with, the odds on being successful, and the potential going forward , including the risk.
None of us here know how the exact financing will work, who else is involved for back up, etc..., so, really, it comes to how much do we trust the above folks to make a rational decision ?
You are entitled to feel any way you want to, and have what ever concerns you feel you need to have, but, at the end of the day we have to trust they have the best interest of all of us in mind.
I think you do have faith in that and your concerns are ultimately on the timing of this. OK, I get that. But, do you get that the BOD has much more information than we do and would not have done it if they felt it was not a good idea ? I think this is where the confusion comes to play. JMO GLTA