You are blocking your full airflow with that ring under the tank, unless it's attached to the tank, or drill a few small holes in those dimples on the top cap of the Zmax for airflow, usually the tank sits in the recess where there is plenty of room for air intake, straight 510 connections like the Kanger Protank sit just a little above that top cap, I have the Zmax & this is what I figured out, hope it helps, good luck.. Also maybe try an extension adapter to raise it up a little 510 to 510 extension will raise that tank up enough to get a good airflow, or drill 3 or 4 holes in the dimples like the iTaste SVD's top ring has.
No It's Not Smoke