diff --git a/LICENSE b/LICENSE
new file mode 100644
index 0000000..4c4b647
--- /dev/null
+++ b/LICENSE
@@ -0,0 +1,21 @@
+The MIT License (MIT)
+
+Copyright (c) 2015 Peel Technologies, Inc
+
+Permission is hereby granted, free of charge, to any person obtaining a copy
+of this software and associated documentation files (the "Software"), to deal
+in the Software without restriction, including without limitation the rights
+to use, copy, modify, merge, publish, distribute, sublicense, and/or sell
+copies of the Software, and to permit persons to whom the Software is
+furnished to do so, subject to the following conditions:
+
+The above copyright notice and this permission notice shall be included in all
+copies or substantial portions of the Software.
+
+THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
+IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
+FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
+AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
+LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM,
+OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE
+SOFTWARE.
diff --git a/README.md b/README.md
index c72ec68..eabf941 100644
--- a/README.md
+++ b/README.md
@@ -2,8 +2,6 @@
 
 node's [net](https://nodejs.org/api/net.html) API in React Native
 
-_originally forked from [react-native-udp](https://github.com/tradle/react-native-udp)_
-
 This module is used by [Peel](http://www.peel.com/)
 
 ## Install
@@ -128,3 +126,7 @@ add select tests from node's tests for net
 [Andy Prock](https://github.com/aprock)  
 
 PR's welcome!
+
+
+
+_originally forked from [react-native-udp](https://github.com/tradle/react-native-udp)_
diff --git a/ios/react-native-tcp.podspec b/ios/react-native-tcp.podspec
index c52065e..1463f65 100644
--- a/ios/react-native-tcp.podspec
+++ b/ios/react-native-tcp.podspec
@@ -1,6 +1,6 @@
 Pod::Spec.new do |s|
   s.name                = 'react-native-tcp'
-  s.version             = '0.4.0'
+  s.version             = '0.5.0'
   s.summary             = 'node\'s net API in React Native.'
   s.description         = <<-DESC
                             Enables accessing tcp sockets in React Native.
diff --git a/package.json b/package.json
index 59a8877..2ddba86 100644
--- a/package.json
+++ b/package.json
@@ -27,8 +27,7 @@
     "name": "Andy Prock",
     "email": "aprock@gmail.com"
   },
-  "license": "UNLICENSED",
-  "private": true,
+  "license": "MIT",
   "bugs": {
     "url": "https://github.com/PeelTechnologies/react-native-tcp/issues"
   },