Back last October, I posted about Mambo Sprouts moving away from coupons and savings (for personal reasons). Apparently the personal reasons were bankruptcy.

First, the coupons disappeared. Then, in recent weeks, Mambo Sprouts fans began to notice that the company’s entire website had disappeared.
If you’re wondering what’s become of the 22-year-old marketing company devoted to healthy living and saving money – it’s now out of business altogether, bankrupt and seeking to erase nearly a million dollars in debt.
Court documents show that Mambo Sprouts filed for Chapter 7 bankruptcy back on November 28th. While Chapter 11 is the type of bankruptcy in which companies try to reorganize and restructure their debt, Chapter 7 typically ends with a company’s liquidation, and most debts end up going unpaid. Here’s the entire sad article from Coupons in the News.