Bill is saying that you need to purchase the the full source code version if you want compatibility with PHP 7 and future versions of X-Cart 4.x.x. I purchased the full version of his mod that I use a few months ago when he sent out his initial notice as I do intend to use PHP 7 and future X-Cart 4.x.x versions.
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The current alteredCart installations running right now will continue to operate (they are not affected by alteredCart closing). However, if you plan to update to PHP 7 or upgrade to newer versions of X-Cart 4.7 the existing ioncube version of alteredCart modules will not be compatible.
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