That's very true. But the thing is, so far I've received good feedback regarding the first chapter. That means that something's being done right regardless of the excess 'telling'. Heck, I got praised somewhere for my description. It's not that I'm overconfident (I have a slight nervous breakdown when showing it to someone else for judging) but I feel like the first chapter is alright for the most part. If I was the only one to have judged it then it'd be ridiculous but now I have feedback from other people.
Also, I could choose to 'show' everything but then that means it would take longer to get to the point <- Note: This is one of the recurring problems I've received.
Yes I know why word count is important. I actually did some research on it for planning purposes. The thing is, I want to get it published in a physical form someday (if possible). So, word count is important. From what I've seen, Sci-Fi has less restrictions but I'd like to use less words anyways. Of course, if the the work was completely unreadable then that'd be a problem but judging from my feedback, it seems alright (even good) for the most part (I need to get rid of the passive voice and some clunky sentences. More showing when possible but less emphasis on that).
Splitting it into two is a definite no though.
You might be completely correct, but first, I want to finish the book in a way that I'm comfortable with before giving it to an editor to hack away at it.