Schedule of Secured Convertible Notes Issued by NCT Group, Inc. to Carole Salkind (as of July 8, 2005)

Contract Categories: Business Finance › Note Agreements
Summary

This document lists a series of secured convertible notes issued by NCT Group, Inc. to Carole Salkind, detailing the issue dates, due dates, principal amounts, and conversion prices for each note. The notes, totaling $4,036,000, were issued between January and June 2005 and are due between July and December 2005. The agreement outlines the financial terms under which Carole Salkind may convert the debt into equity at specified prices.

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EX-10.8(B) 2 exh-10_8b.txt SCHEDULE OF SECURED CONVERT NOTES (NEW FINANCING) Exhibit 10.8(b) Schedule of Secured Convertible Notes (new financings) issued by NCT Group, Inc. to Carole Salkind and Outstanding as of July 8, 2005 Conversion Issue Date Due Date Principal Price ---------- -------- ------------- ----- 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 ------------- $ 4,036,000 =============