Read what you posted again. I will point out the inconsistency.
Shares outstanding are all the shares of a corporation that have been AUTHORIZED, issued and purchased
“Authorized…. As in reserved. Any more questions? Yikes.
They DO NOT have to be issued to be accounted for! Case closed.”
Actually they do NEED to be issued and paid for before they become part of the outstanding….as the quote you provided exactly says. Did you miss the “issued and purchased” part?