Exhibit 10.5(b) Schedule of 12% Secured Convertible Notes issued by NCT Group, Inc. to Carole Salkind during the three months ended March 31, 2006 Conversion Issue Date Due Date Principal Price (a) ---------- -------- --------- --------- 02/13/06 08/13/06 $ 652,655 $0.0100 --------------- $ 652,655 =============== (a) Note conversion price will be the greater of: (i) the lowest last sale price of NCT's common stock during the two-day period comprised of the date of the note and the preceding date; or (ii) the par value of NCT's common stock on the date the conversion notice is delivered to NCT.