SMX retains John Tabacco for campaign against ‘naked shorts’

SMX announced the retention of John Tabacco of CEOBLOC, former President of tZERO Technologies. The Company is looking forward to joining forces with Mr. Tabacco and to forge a campaign against ‘naked shorts’. Tabacco will be part of a planned team of experts into an investigation of what SMX deems abusive trading in its underlying stock. The company said, "Given recent high-volume selling pressure in parallel with the Company’s announcements of positive fundamental developments, SMX believes Mr. Tabacco’s information, and investigative efforts will yield and reflect a more orderly and efficient representation of the Company stock for its largely retail shareholder base."