Schedule of Secured Convertible Notes Issued by NCT Group, Inc. to Carole Salkind (June 30, 2005)
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Summary
NCT Group, Inc. issued a series of secured convertible notes to Carole Salkind, totaling $4,836,000 as of June 30, 2005. Each note specifies an issue date, due date, principal amount, and conversion price. The notes are convertible, meaning Carole Salkind can convert the debt into company shares at the specified prices. The schedule lists all outstanding notes, their terms, and maturity dates, providing a clear record of the company's financing obligations to the investor.
EX-10.1(B) 2 exh-10_1b.txt CONVERTIBLE NOTES (NEW FINANCING) Exhibit 10.1(b) Schedule of Secured Convertible Notes (new financings) issued by NCT Group, Inc. to Carole Salkind and Outstanding as of June 30, 2005 Conversion Issue Date Due Date Principal Price ---------- -------- -------------- ----- 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 $0.0184 03/08/05 09/08/05 390,000 $0.0180 03/29/05 09/29/05 390,000 $0.0180 04/14/05 10/14/05 390,000 $0.0130 04/26/05 10/26/05 390,000 $0.0110 05/16/05 11/16/05 350,000 $0.0123 06/10/05 12/10/05 350,000 $0.0100 06/24/05 12/24/05 576,000 $0.0160 ------------------- $ 4,836,000 ===================
