Penny Saver has filed for Chapter 7 Bankruptcy in Delaware. According to
their filing, Penny Saver has between 200 to 999 creditors with estimated
debt and assets between $10 Million and $50 Million dollars. While the
Chapter 7 bankruptcy filing will temporarily halt lawsuits against Penny
Saver, the law offices of McCuneWright, LLP are exploring the possibility
of moving forward with a lawsuit against OpenGate Capitol which purchased
Penny Saver in 2012.