Exhibit 10.2(b)


 Schedule of Secured Convertible Notes (refinancings) Issued by NCT Group, Inc.
           to Carole Salkind and Outstanding as of September 30, 2005


                                                                 Conversion
     Issue Date           Due Date             Principal            Price
     ----------           --------          ---------------      ----------
      04/14/05            04/14/05        $    457,970.18         $0.0130
      04/29/05            04/29/05           1,034,532.52         $0.0120
      05/18/05            05/18/05             485,934.02         $0.0123
      06/10/05            06/10/05           1,465,534.55         $0.0100
      07/08/05            07/08/05          27,129,266.96         $0.0120
      08/01/05            08/01/05          13,349,878.22         $0.0101
      08/10/05            08/10/05          18,681,625.40         $0.0100
      08/24/05            08/24/05             979,259.94         $0.0080
      09/26/05            09/26/05           3,255,753.98         $0.0060
      09/30/05            09/30/05             444,872.73         $0.0050

                                        -------------------
                                          $ 67,284,628.50
                                        ===================