Exhibit 10.5(b) Schedule of 12% Secured Convertible Notes issued by NCT Group, Inc. to Carole Salkind during the three months ended June 30, 2006 Conversion Issue Date Due Date Principal Price (a) ---------- -------- ------------- --------- 04/21/06 10/21/06 $ 649,392 $ 0.0100 ------------- $ 649,392 ============= (a) Note conversion price will be the greater of: (i) the lowest last sale price of NCT's common stock during the five-day period comprised of the date of the note; the preceding date and three dates following; or (ii) the par value of NCT's common stock on the date the conversion notice is delivered to NCT.