Balmoral Advisors LLC acquired the assets in Hialeah, Florida; Ozark, Missouri; and Matamoros, Mexico of Simclar, Inc. (OTCPK:SIMC) on October 18, 2012. The new company will be known as Concurrent Manufacturing Solutions LLC. Benjamin Teno will serve as Concurrent's Chief Executive Officer. Edwin Negrón-Carballo will serve as Chief Financial Officer and Nathan Whipple will serve as Vice President of sales and marketing of Concurrent. Concurrent will locate its business headquarters in Hialeah, Florida and operate facilities at the present locations of the acquired assets in Florida, Missouri, Texas and Matamoros, Mexico.

Balmoral Advisors LLC completed the acquisition of the assets in Hialeah, Florida; Ozark, Missouri; and Matamoros, Mexico of Simclar, Inc. (OTCPK:SIMC) on October 18, 2012.