subordinated note conversion

Since september 30.2006 the company has issued 7,500,000 shares of common stock upon the voluntary conversion by six holders of an aggregate of $600,000 principal amount of subordinated notes.one director converted $50,000 of the Subordinated Notes sinto 625,000 shares.the balance of $700,000 is due on December31,2006  unless earlier converted.

Do you think the remaining  shraes by holders are going to be converted beofre DEC,31 2006 ?