If a couple of days ago word got out that Kevin Federline was trying to use the sex tape he and Britney made in their first two weeks of honeymoon or right before they got married as a means of buying himself a comfy future (possibly even a comfier life than the way he lived until now), its existence was confirmed by the very man who brought to light all the celebrity sex tapes there are out there.

David Hans Schmidt, the porn mogul who was behind the (sexual) unmasking of Paris Hilton, Colin Farrell, Fred Durst and Dustin 'Screech' Diamond just confirmed to MSNBC that the home made video exists and that it's already being shopped to various media and porn outlets.

Besides being up for grabs for the higher bidder, Schmidt also revealed that he himself was also contacted by an unknown person, presumably a fuming Federline, and asked to make an offer for the raunchy video. 'Two days after Britney filed for divorce I was contacted by an individual who indicated that he had a digital video of Britney Spears and Kevin Federline having sex. This gentleman knew enough names and identified enough parties involved to indicate that the tape could exist', the Sultan of Sleaze told MSNBC.

The alleged sex tape, whose existence was rumored a long time ago, in 2005, and for which Britney filed a lawsuit against a newspaper who claimed it was real, shows the two lovers engaging in a large range of sexual acts, intermingled with games of chess. It is supposed to have a length of about four hours and tabloids speculate that it was made over a period of two weeks in which Brit and K-Fed rented an isolated bungalow in Beverly Hills.

However, Schmidt has high hopes for the Britney sex tape, as he is more than aware that it will make so much more money than the Paris one ever made. The Hilton sex tape only made around $50 million, while a video showing Britney engaging in passionate sex could make about $200 million for the one who sells it. 'This tape would smash Paris Hilton's sex tape sales like and Oreo cookie', Schmidt added.

While there are many who claim that it's Federline himself the one who is trying to sell the tape as a way to get back at his 'ungrateful' soon to be ex wife or as an attempt to blackmail her, camp Spears keeps quiet and refuses to make any comment whatsoever. Keep your eyes on this space for more details.