[NTG-context] ConTeXt -> LaTeXt -> ODT?

I another thread I talked about my problems with converting my ConTeXt file to an editable format. In principal going the xhtml way seemed best. But yesterday I got talking with someone in the train. He told me that it was possible to convert ConTeXt to LaTeXt and LaTeXt to an ODT file. This could solve my problem. Was this person correct? If yes, how would I do this? -- Cecil Westerhof