Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  WEXFORD CAPITAL LLC
 2. Date of Event Requiring Statement (Month/Day/Year)
09/17/2007		 3. Issuer Name and Ticker or Trading Symbol
SMI PRODUCTS INC [SPDU]
(Last)
(First)
(Middle)
411 WEST PUTNAM AVE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

GREENWICH, CT 06830		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, $0.001 par value 696,675
I
by: Wexford Spectrum Investors LLC (1) (3)
Common Stock, $0.001 par value 1,910,103
I
By: Iota Investors LLC (2) (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Warrants 09/11/2007 09/11/2012 Common Stock 16,841 $ 2.71 I By: Iota Investors LLC (3) (4)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WEXFORD CAPITAL LLC
411 WEST PUTNAM AVE
GREENWICH, CT 06830		     X    
DAVIDSON CHARLES E

X1 		     X    
JACOBS JOSEPH

X1 		     X    

Signatures

Arthur Amron, Partner and Secretary of Wexford Capital LLC 09/19/2007
**Signature of Reporting Person Date
Joseph M. Jacobs 09/19/2007
**Signature of Reporting Person Date
Charles E. Davidson 09/19/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares of common stock are owned directly by Wexford Spectrum Investors LLC (?WSI?).
(2) These shares of common stock are owned directly by Iota Investors LLC (?Iota?).
(3) Wexford Capital LLC (?Wexford?), as manager of WSI and Iota, may be deemed to beneficially own all of the shares of common stock and/or warrants which are owned by WSI and Iota. Charles E. Davidson (?Davidson?) and Joseph M. Jacobs (?Jacobs?) are the managing members of Wexford. Davidson and Jacobs may be deemed to beneficially own all the shares of common stock and/or warrants which are owned by WSI and Iota. Wexford, Davidson and Jacobs each disclaims beneficial ownership of the securities reported hereby and this report shall not be deemed as an admission that they are the beneficial owners of such securities except in the case of Davidson and Jacobs to the extent of their interests in each member of WSI or Iota.
(4) These warrants are owned directly by Iota.

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