You have it backwards. There is *no* GPL code in OpenQwaq. If there had been the whole project would have had to become GPL and Teleplace could not have protected itself against others using the code. By releasing the code as GPL Teleplace's investors retain the sole commercial rights to the code. No-one else can use the code without their contributions becoming GPL. Hence no-one wanting to do commercial development using OpenQwaq can do so and protect their contributions. Teleplace's investors, however, /can/ subsequently sell or exploit commercial rights to the code, which they still hold.
A policy that even Richard Stallman sees as good use of GPL...
