License (Google Translate from spanish, see doc-folder of the pnd for original):
Phantomas PC is a gift. You can use, redistribute and modify it any way you want and not have to give anything in return.

Anyway, if you like this product we encourage you to not thank actively involved in any reconstruction project, this can be with translations, bug reports, improving something and generally anything you can think of that can alleviate the hard work Reconstructor. If you distribute a program that uses some of this code would be good to mention it somewhere, but are not required.

Finally, this software is provided without warranty of any kind, use it at your own risk.

The latest version of the Phantom PC includes the source code of the library Penquerc'h Alogg Vincent. This library is distributed under the terms of the LGPL.