Exhibit 10.4(b)


Schedule of Warrants Issued by NCT Group, Inc. to Carole Salkind in conjunction
              with Refinancing and Outstanding As of March 31, 2005


                                                                   Shares
   Grant Date         Expiration Date       Exercise Price        Granted
   ----------         ---------------       --------------        --------
    10/02/03              10/02/08           $  0.0430             4,000,000
    10/14/03              10/14/08              0.0440            19,250,000
    12/15/03              12/15/08              0.0370            16,500,000
    12/31/03              12/31/08              0.0400            32,250,000
    03/15/04              03/15/09              0.0470            96,500,000
    03/15/04              03/15/09              0.0470            56,500,000
    06/15/04              06/15/09              0.0270            46,000,000
    06/15/04              06/15/09              0.0270            27,000,000
    06/15/04              06/15/09              0.0270           114,000,000
    06/16/04              06/16/09              0.0270             7,750,000
    06/28/04              06/28/09              0.0310            72,250,000
    06/30/04              06/30/09              0.0310            57,250,000
    07/16/04              07/16/09              0.0296           156,000,000
    08/02/04              08/02/09              0.0270           223,750,000
    09/14/04              09/14/09              0.0200            22,250,000
    10/21/04              10/21/09              0.0190             8,000,000
    11/23/04              11/23/09              0.0190             8,000,000
    12/22/04              12/22/09              0.0166           229,500,000
    12/22/04              12/22/09              0.0166            82,500,000
    12/31/04              12/31/09              0.0180           147,750,000
    01/26/05              01/26/10              0.0172           186,000,000
    02/09/05              02/09/10              0.0180           263,250,000
    02/21/05              02/21/10              0.0195             7,750,000
    03/11/05              03/11/10              0.0180             7,750,000
    03/23/05              03/23/10              0.0183            33,000,000

                                                              ----------------
                                                               1,924,750,000
                                                              ================

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