SMX Embeds Blockchain-Verified Plastic Markers and Implements 20-for-1 Split
SMX embeds invisible molecular markers in recycled plastics, links batches to blockchain records to validate quality and issues Plastic Cycle Tokens, narrowing the cost gap with virgin resin. On May 11, the company will effect a 20-for-1 reverse split, cutting shares from ~12 million to 614,000.
1. Molecular Marking Technology
SMX uses its proprietary molecular markers to embed an unremovable, invisible identifier into recycled plastic materials, ensuring each batch carries intrinsic proof of composition and recycled content without reliance on external certification.
2. Blockchain Verification and PCT Creation
Each marked batch is linked to a blockchain-enabled platform that logs origin, composition, and lifecycle data, enabling manufacturers to verify quality instantly and issuing Plastic Cycle Tokens (PCTs) as tradable digital assets backed by real recycling output.
3. Narrowing Cost Gap with Virgin Resin
As energy-driven feedstock costs rise, recycled plastics move from a 20–40% premium to price parity with virgin resin; under sustained volatility and regulation, recycled material can become 20–25% cheaper per ton, boosting adoption at industrial scale.
4. 20-for-1 Reverse Stock Split Implementation
Effective May 11, SMX will consolidate every 20 ordinary shares into one, reducing outstanding shares from approximately 12 million to 614,000 under its existing ticker, with proportional adjustments to options and warrants and no fractional shares issued.