Hereford United chairman David Keyte remains confident that the proposed share issue will go ahead despite shareholders voting against one of the main resolutions at their recent meeting.
Some of the details in the issue will be changed to reflect shareholders views but there remains a decision on how many new shares current shareholders will receive.
"A couple of shareholders at the meeting wanted almost to respect the past and I can understand that," Keyte told BBC H&W last week.
"And that's difficult one when you're trying to enlarge everything, shareholding and investment.
"It has to be the case that the current shareholders, of which I'm the main one, do get diluted somewhat.
"You can't achieve that bigger picture for the greater good of the football club knowing that there are people that would like to invest.
"We can't get to that point unless the current ones (shareholders) accept some dilution.
"One sticking point was that at a previous meeting I personally verbally suggested that we should recognise the previous investment, committment of those people who has currently got shares in Hereford by some sort of multi-plyer.
"In that meeting I said I would have thought four new shares, five new shares for one.
"And then we were advised in terms of the document not to put that in the document. That's a secondary discussion once you've got the motion passed.
"That caused all sorts of debate so things like that we have to revisit.
"Quite honestly I don't know what the figure might be. If it was ten for one I would be the biggest gainer!.
"We can come to some agreement on that."