Exhibit 10.2(b)


 Schedule of Secured Convertible Notes (refinancings) Issued by NCT Group, Inc.
             to Carole Salkind and Outstanding as of March 31, 2005



                                                                    Conversion
     Issue Date            Due Date             Principal             Price
     ----------            --------             ---------             ------
      10/21/04             04/21/05          $    479,393           $ 0.0190
      11/23/04             05/23/05               479,901             0.0190
      12/22/04             06/22/05            13,933,585             0.0166
      12/31/04             06/30/05             8,968,594             0.0180
      01/26/05             07/26/05            11,291,006             0.0172
      02/09/05             08/09/05            15,986,794             0.0180
      02/21/05             08/21/05               457,762             0.0195
      03/11/05             09/11/05               457,201             0.0180
      03/23/05             09/23/05             2,001,439             0.0183

                                          ------------------
                                             $ 54,055,675
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