Artfest International, Inc (fka ARTS)

[Kool Aid Man]

Someone explain this to me...

From the Maximedia Studios website:

"Maximedia Studios is a 37,000 square foot facility, making it the largest of its kind in the Southwest." http://maximediastudios.com/about.htm

Maximedia Studios
13300 Branch View Lane
Dallas, Texas 75234
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From the Artfest 10-K (Page 13)

ITEM 2. DESCRIPTION OF PROPERTY

Artfest currently leases 33,000 square feet of office and gallery space that houses the Company’s art gallery, production studio, distributor call center area and offices for the Company’s five (5) employees. The Company’s headquarters is located at 13300 Branch View Lane, Dallas, Texas 75234. The Company negotiated a ten-year lease term for the Starfest Expo Center on August 1, 2010, and leased its new studio and production facilities located at 13300 Branch View Lane in Dallas, Texas.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7865371
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So do I understand that Artfest has taken over all but 4,000 square feet of Maximedia Studios? For real? I take the word "lease" to mean that Artfest enjoys complete and exclusive use of these premises 100% of the time. If true, just what in heaven's name do they need with all that space? As far as I can tell they have no direct selling operation underway, no need to store mountains of unsold inventory.. this is a real head scratcher. Can anyone confirm the truth of this statement?