Is it technically possible?

Yeah but how can it have both Aladdin and Sentinel? Did one company buy the other or something (like HP and Compaq)? Or is there a Sentinel version of Aladdin?

After the software got the expected 'serial,name,key' combo it still says 'Demo' so if I understood u correctly: this is due to the hasplms.exe. So sentinel hasp is looking for Licensing Info inside the Aladdin dongle ?

The logic flow is what I'm missing. Can you shed some light?