studio theme missing buddypress options

I have my main site
thefunkybead.com
setup as WPMU and installed marketpress, pro-sites, buddypress and some other plugins from wpmu.org

i then created another site at

wireandbead.thefunkybead.com

which i enabled the studio theme.

but when im logged into the dashboard for wireandbead
when i goto the theme options there is no buddypress tab only have the following

Scripts | Slides | Feature | Footer Feature | Header | Branding

so im not able to get the community dropdown menu like in the video.

another issue im having is how can i make 1 of my pages appear on the samepage as the slideshow, or is it not possible with this theme?

I have the latest version of studio installed and using the studio child