The 45-year-old "Clerks" helmer said the project came about as a result of his recent gig directing an episode of "The Flash," reported Entertainment Weekly.
"It is one of my favorite movies in the world and largely responsible for the weird stuff that I make, because that movie was supposed to be one thing but it did it in another way. It just did it very off-center," Smith said.
Written by Earl Mac Rauch and directed by WD Richter, the original film starred Peter Weller as a genius scientist, experimental race car driver, and rock star who saves the world from reptilian aliens.
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