Greetings, Leverage. RFMK shareholders have the blues lately but I agree with many of your points, you raise many good ideas in your post, thanks for sharing your thoughts here.
I myself am agnostic at this point. Me thinks if one says they are going to do something, then do it, save the bold moves for the brilliant players. RFMK followers are just mere retail investors and traders interested in seeing if RFMK can have success and accomplish corporate goals over time. I still think there is potential in RFMK however because of sheer discipline I found myself holding too large a stake for my personal situation versus my "no confidence date" which came and went long ago so I no longer am a shareholder however I keep RFMK in my watchlist. I have always remained open to the possibility of the CEO turning the story around. At any time Mr Allinder could come through on the promises to get this company fully reporting and uplisted, etc. It has not come to fruition yet but it still could IMO. If and when I see it those things have been accomplished I would think about becoming a shareholder once again but for now the questionable UNaudited financials and shady practices of handing over $500,000 to Brent Fouch for "general and administrative" purposes was just the last straw in my opinion. Who knows, you raise a good point about us possibly seeing the real reason for that questionable accounting in a future 10K, but for now with no real transparency or explanation for all of the dilution over time and tons of money RFMK does not have going to questionable insiders, me thinks many interested investors have had to step back, even if temporarily to re-assess what is going on with this story. It's unfortunate how the CEO has lost credibility with the market, it was unnecessary.
Who really knows what Cheryl's next venture is or could be. All I can say is that I admire and respect her efforts for the MMJ movement. She is a smart, fabulous, great, hard working business savvy lady! The force is strong with her! RFMK is LUCKY to have been able to use her expertise and celebrity connections for so long. Mr Allinder has a lot of catching up to do when it comes to corporate accomplishments, IMO. $6,000 quarterly revenues via selling 50 or so vaporizer units is not going to cut it and it certainly will not pull this company with 2B shares outstanding out of the mud and on to profitability IMO. It does not help when the company is given close to half a million dollars in order to clean up the balance sheet and close to half a BILLION or more shares are used as compensation to a funding group like Ironridge, only to turn around and see that once the positive cash flow position and net equity situation of the balance sheet was attained, the next thing we know is that another half a million is bled out of a company with no money to be handed over to an individual of whom has had some rather questionable business dealings in the past with other shell stinky pinkies. What I don't really get is why the ugly muddy frogs love to remain in the pinky scum swamp so much and roll around in the mud. It's actually more beneficial in the long run to actually do the tough hard work of being totally legit and building a company from scratch and making a real business out of it, selling product, making decent revenues, attempting to stay out of debt and not screwing over shareholders by doubling the O/S every year and handing the money raised in the market over to questionable "insiders" which itself always utterly destroys confidence in management, tanks the PPS, buyers flee and the ability to raise funds and really ever grow the business is completely lost. It's a bad path, and not a very smart strategy IMO. Do or do not, there is no try. Take a stand, be ethical, give investments a real chance and do what you say you're going to do. It is really not that difficult. BWTFDIK, right?! 
All just my honest opinions, of course! 
May the force be with you
$RFMK
