Schedule of Warrants Issued by NCT Group, Inc. to Carole Salkind (April–May 2006)

Summary

NCT Group, Inc. issued warrants to Carole Salkind between April and May 2006, allowing her to purchase up to 143 million shares of NCT common stock at an exercise price of $0.01 per share or the par value at the time of exercise, whichever is higher. The warrants have expiration dates five years from their respective grant dates. This schedule documents the grant dates, expiration dates, number of shares, and exercise price for each warrant issued during this period.

EX-10.4(B) 5 exh_10-4b.txt SCHEDULE OF WARRANTS Exhibit 10.4(b) Schedule of Warrants (refinancings after October 31, 2005) issued by NCT Group, Inc. to Carole Salkind during the three months ended June 30, 2006 Shares Grant Date Expiration Date Exercise Price(a) Granted ---------- --------------- ----------------- ------------ 04/07/06 04/04/11 $0.0100 76,500,000 04/21/06 04/21/11 $0.0100 24,000,000 05/10/06 05/10/11 $0.0100 36,750,000 05/25/06 05/25/11 $0.0100 5,750,000 ------------- 143,000,000 ============= (a) Warrant exercise price will be the greater of: (i) the lower last sale price of NCT's common stock on the date of the warrant or date preceding; or (ii) the par value of NCT's common stock on the date the warrant is exercised.