TTSA is a "public benefit corporation" (PBC), and it has stockholders. It was stated at the meeting (transcript, page 1) that there were (on December 12, 2018) 69,290,945 shares of "Class A common stock" eligible to vote. As near as I can make out, the substantial bulk of these shares are held by Mr. DeLonge and the other individuals who are TTSA "officers or advisory board members," who have received and will continue to receive "stock-based compensation" (explained on page 6). The total also includes whatever shares have been sold to the public at $5 per share (40 share minimum purpose). On December 12, there were 2,759 stockholders in all (transcript, page 3).