Replies to post #39540 on Artfest International, Inc (fka ARTS)

[Chunkman63]

The Starfest Studios Walk-through video is Maximedia Studios. What ASSETS does ARTS have if this is MaxiMedia's recording studio, soundstage, offices and the memorialbilia on the wall? It was my understanding that this was ARTS new Building not MAXIMEDIA Studios. THIS IS FRAUD FRAUD FRAUD.

[Tenacious]

I simply thought they forgot to update their filings to exclude the other facility...that could be a more reasonable explanation. I mean--have you looked at the numbers---that's scarier than the address they choose to communicate.

[Kool Aid Man]

More on Artfest's Amazing Facility

Apparently it's not 37,000 square feet... or even 33,000. According to the Dallas Appraisal district the property measures as follows:

"Total Area: 29,676 sqft/ Year Built: 1972." It's a perfect, one story rectangle measuring 96' x 262'. It has been owned for years by a couple living in Plano, TX. There is no "multi owner" listed.

Click the "View Photos" link for pictures.
http://www.dallascad.org/AcctDetailCom.aspx?ID=24184500010050000

This place is located in "Farmers Branch" (not Dallas) between an Econo Lodge, Days Inn and LaQuinta. It appears to be in a distinctly industrial area with a number of semi-trucks parked in the area. IMO, not exactly the sort of place serious art collectors and investors would find all that impressive.