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AAPL - Long Cast Advisers - CoreCard Corp: Waiting For The Next Whale Client
Apple Inc.
Unless and until Apple moves to a different processing software, CoreCard will continue to generate license fees as long as active monthly account growth exceeds the next threshold.
We own CCRD stock because management has long shown an ability and effort to build something sustainable, profitable and cash flow positive.
CCRD indicated that the next "whale" client wouldn't likely on-board until next year.