Michael David Smith, who is At the M-1 conference and updating on twitter, captured an interesting question from Josh Gross:  From the Sherdog forums:

MichaelDavSmith; Josh Gross asks a great question: How can M-1 be a co-promoter if they don't even have a promoter's license?

MichaelDavSmith;Conveniently, the M-1 phone connection cuts out when they're asked if they're licensed promoters.

 M-1 said they want to "co promote" as part of their agreement with anybody. Nick Thomas reported earlier that Scott Coker said "Strikeforce and M-1 are partners and we're not worried about them obtaining a promoters license. " When M-1 is asked the question we are left with a lot of suspense about this issue.  Their original stance against the UFC was that co promoting be involved or no deal at all. Suddenly they seem willing to accept the label of partner without a promoters license. Why could something similar not happen with the UFC?  Does M-1 have ulterior motives that they know UFC brass would sense out and squash? Did they pick the smaller promotion knowing pushing their own agenda would be easier given that Stikeforce has less money and will eventually need M-1's money to exist?