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2. THE FIRST VERSION OF THE BLACK HOLE ORIGIN THEORY OF THE UNIVERSE: [SMITH, 1990]
The basic idea behind the Smith  theory is that some black holes have two properties, sucking in matter from one maximal spacetime S1 and spewing forth the matter in a different maximal spacetime S2. Smith's  reads: ". . .one and the same singularity S has the property of sucking in matter (qua black hole singularity) and spewing forth matter (qua big bang singularity). [Smith, 1990: 42].
The big bang singularity in our spacetime is a black hole singularity in another spacetime, and this latter spacetime has a big bang singularity that is a blackhole singularity in yet a third spacetime, and so on ad infintim. This hypothesis, I argued, explains the existence, initial conditions and basic physical constants of our universe.