Sorry, you are wrong; it is a regular corporation.

http://taxes.about.com/od/scorporations/qt/scorp_criteria.htm

"An "S-Corporation" is a regular corporation that has between 1 and 100 shareholders"

and this:

"S-Corporations, like regular C Corporations, can decide to retain their net profits as operating capital. However, all profits are considered as-if they were distributed to shareholders. Thus an S-Corporation shareholder might be taxed on income they never received."

Most of the sheeple don't understand this which is why slick underhanded liberal politicians like Obama/Pelosi/Reid can get away with their ruse and stick it to the producers in this nation.