You are STILL wrong.
First, FFGO is not a "C" Corporation so right out of the box you are off. You looked up a different form of corporation, a closely held company. Good try though.
Second, the numbers in your attached article are indeed wrong: when you do a proportion, with 100,000 outstanding shares, 50% is 50,000 or stated another way, 50,000/100,000. Why didn't you see the referenced piece you provided had an ERROR? The proportion in your article is 100,000/50,000 which is 150%.