Make that an Alaska Shareholders Oil & Gas Ownership Corporation.  With Alaska residents providing for shareholder interest, by each having the right of purchasing 100 shares for $1000, using a PFD pledge contribution, spread over 5 to 10 years ($200 to $100) dedicated deduction from their annual PFD.  A deadline date (maybe 2 years) for purchasing, buying in should be established. Right now, (a rounded number) 525,000 Alaskans receive a annual PFD. (of course over time the PFD share amounts are diluted by new state residents (born or immigrating to Alaska).  525,000 x $1000 = $525,000,000. (a 1/2 billion) would provide the capital startup.  Since there would be a deadline, our purchases of shares would not be diluted by feature new residents.