He's trying to scare you with the A/S (authorized shares) count. Pretty sleazy thing to do. The one that matters is the O/S (outstanding shares) which is ~1.2B.
The total number of shares which the Corporation shall have authority to issue is 5,010,000,000, consisting of 5,000,000,000 shares of common stock, par value $0.00001 per share (the “Common Stock”) and 10,000,000 shares of preferred stock, par value $0.00001 per share.”
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