4//SEC Filing
NCT GROUP INC 4
Accession 0000722051-06-000191
CIK 0000722051operating
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 3:33 PM ET
Size
7.9 KB
Accession
0000722051-06-000191
Insider Transaction Report
Form 4
NCT GROUP INCNCTI
ACME ASSOCIATES INC
10% Owner
Transactions
- Purchase
8% Convertible Note
2006-10-10+55,000,000→ 55,000,000 totalExercise: $0.01From: 2006-10-10→ Common Stock (55,000,000 underlying)
SALKIND CAROLE
10% Owner
Transactions
- Purchase
8% Convertible Note
2006-10-10+55,000,000→ 55,000,000 totalExercise: $0.01From: 2006-10-10→ Common Stock (55,000,000 underlying)
Footnotes (4)
- [F1]Note is in the principal amount of $550,000 and is due to Carole Salkind on 04/10/07.
- [F2]Note along with accrued interest is convertible into shares of common stock at any time between note issuance and date of note discharge.
- [F3]The conversion price is the greater of: (a) the lowest last sale price of NCT's common stock during the five-day period comprised of the date of the note, date preceding and three dates following; or (b) the par value of NCT's common stock on the date the conversion notice is delivered to NCT.
- [F4]Consideration paid for the note consisted of $300,000 in cash.
Documents
Issuer
NCT GROUP INC
CIK 0000722051
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000722051
Filing Metadata
- Form type
- 4
- Filed
- Oct 12, 8:00 PM ET
- Accepted
- Oct 13, 3:33 PM ET
- Size
- 7.9 KB