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My PrivateWave complains about an "expired license" and if I try to insert again my license code it turns out as not valid. I'm using a valid license code from an old device I decided to trash to a new one just bought.
As for how the internals of the iPhone are implemented, we cannot provide this platform with the "license moving" feature. This means that once that your license has hit one iPhone, it cannot be moved again, even if
it's still valid.
Please contact us via email at email@example.com asking for a license change and providing us the license number and the phone number it's bond to. We will invalidate you license and give you back a new license code to be used in your new device.