Is it permitted to sale license ownership, I mean given the fact that I can un-Install the hardware I had it tied to...
I had to sell my sensors so have no use for the software any more and need the extra cash.. :(

some one knows?

Hello,
No, license is not transferable.
http://wiki.ipisoft.com/License

So selling of giving it for free to anybody else would be a violation of licensing policy.

_________________
iPi Soft

...but them completely changing their licensing system without warning is perfectly fine. /endsarcasm.