Can you sell/transfer academic/student versions of PT10?

Bought a s/h student version of PT10 from ebay - seller didn't mention that it wasn't the full version, so I only found out when I received it in the post.



As far as I can make out from reading stuff on here and at the Avid site I won't be able to register this on the ilok as you can't sell/transfer these academic licenses.



Is this correct?



Thanks!