Schedule of Secured Convertible Notes Issued by NCT Group, Inc. to Carole Salkind

Contract Categories: Business Finance › Note Agreements
Summary

This document lists a series of secured convertible notes issued by NCT Group, Inc. to Carole Salkind, totaling $4,850,000 as of February 28, 2005. Each note specifies an issue date, due date, principal amount, and conversion price. The notes are convertible, meaning they can be exchanged for company stock at the specified prices. The schedule outlines the key financial terms and maturity dates for each note, providing a clear record of outstanding obligations between the parties.

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EX-10.8(B) 4 exh-10_8b.txt SCHEDULE OF SECURED CONVERTIBLE NOTES Exhibit 10.8(b) Schedule of Secured Convertible Notes (new financings) issued by NCT Group, Inc. to Carole Salkind and Outstanding as of February 28, 2005 Conversion Issue Date Due Date Principal Price ------------- --------- ----------------- --------------- 09/02/04 03/02/05 $ 400,000 $ 0.0210 09/14/04 03/14/05 400,000 0.0200 10/01/04 04/01/05 400,000 0.0200 10/15/04 04/15/05 425,000 0.0190 11/08/04 05/08/05 425,000 0.0190 11/23/04 05/23/05 400,000 0.0180 12/02/04 06/02/05 400,000 0.0170 12/17/04 06/17/05 400,000 0.0166 12/31/04 06/30/05 400,000 0.0180 01/26/05 07/26/05 400,000 0.0172 02/09/05 08/09/05 400,000 0.0180 02/16/05 08/16/05 400,000 0.0180 ----------------- $ 4,850,000 =================