LOS ANGELES – Kevin “KB” Blatt, who orchestrated the release of the infamous One Night In Paris videotape, is now in the middle of another Paris Hilton press bonanza. Blatt, a self-styled promoter, is making noise that he has lined up investors willing to pay $12 million to buy the contents of Hilton’s storage locker- whose contents either may been stolen or reverted to auction depending which version Hilton’s p.r. people are spinning at the moment

Blatt is saying the investors want to use the locker to “get Paris’ attention” on a Hilton-branded casino they want to build in Europe. Blatt has been in contact with David Hans Schmidt who’s currently holding the contents and describes the talks as “progressing”depending on what the contents of the locker actually are and Hilton’s response.

Hilton’s people first spun the story that the contents of the locker were stolen but are now in the fall back position saying that the contents wound up in someone else’s possession due to a bureaucratic foo-flah.