Schedule of Warrants Issued by NCT Group, Inc. to Carole Salkind (as of February 28, 2006)
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Summary
This document lists warrants issued by NCT Group, Inc. to Carole Salkind in connection with refinancings after October 31, 2005. The schedule details the number of shares, grant dates, expiration dates, and exercise prices for each warrant, totaling over 1.27 billion shares. The exercise price for each warrant is set at the greater of $0.01 per share or the par value of NCT's common stock at the time of exercise. The warrants are outstanding as of February 28, 2006.
EX-10.20(B) 13 exh-10_20b.txt SCHEDULE OF WARRANTS Exhibit 10.20(b) Schedule of Warrants (refinancings after October 31, 2005) issued by NCT Group, Inc. to Carole Salkind and outstanding as of February 28, 2006 Shares Grant Date Expiration Date Exercise Granted ---------- --------------- -------- ------- Price(a) -------- 12/07/05 12/07/10 $0.0100 16,000,000 12/22/05 12/22/10 $0.0100 34,250,000 01/12/06 01/12/11 $0.0100 521,000,000 02/07/06 02/07/11 $0.0100 257,750,000 02/13/06 02/13/11 $0.0100 445,250,000 ---------------- 1,274,250,000 ================ (a) Warrant exercise price will be the greater of: (i) the lowest last sale price of NCT's common stock during the five-day period comprised of the date of the warrant, date preceding and three dates following; or (ii) the par value of NCT's common stock on the date the warrant is exercised.