This is what I got so far, I need to test it tomorrow with a camera, in simulation it looks OK, but I'm open to suggestions for improvement.

I need to code the operator input side of the program where the user selects with a pot the interval, now it just triggers once a second

Code:
'****************************************************************
'*  Name    : pentax.BAS                                        *
'*  Author  : PEU based on examples from www.rentron.com        *
'*  Notice  : Copyleft (c) 2011                                 *
'*          : No Rights Reserved on derived work                *
'*  Date    : 04-Jan-11                                         *
'*  Version : 1.0                                               *
'*  Notes   :                                                   *
'****************************************************************
@ #define IRTX GPIO  ; Define port to use for IR out
@ #define PIN 2      ; Define port pin to use for IR out
@ device pic12f683,INTRC_OSC_NOCLKOUT , wdt_on, mclr_off, protect_off


DEFINE OSC 4
  GPIO.2 = 1       ' IR LED off   -----|<|----/\/\/\----+5
  TRISIO.2 = 0     ' Output for IR signal
  CMCON0 = 7        ' Comparators disabled
  ANSEL = 0        ' A/D disabled
   
' IR carrier generator routines. Freq.inc.

  Cycles VAR BYTE    ' Number of carrier cycles

  PAUSE 100
  GOTO OverFreq  ' jump over pulse routines
  

' Generate "Cycles" number of ~38.4kHz pulses
ASM
_Pulse38
   bcf IRTX,PIN     ; 1uS, LED=on
   goto $+1         ; + 2uS = 3uS
   goto $+1         ; + 2uS = 5uS
   goto $+1         ; + 2uS = 7uS
   goto $+1         ; + 2uS = 9uS
   goto $+1         ; + 2uS = 11uS
   goto $+1         ; + 2uS = 13uS   
   bsf IRTX,PIN     ; 1uS, LED=on
   goto $+1         ; + 2uS = 3uS
   goto $+1         ; + 2uS = 5uS
   goto $+1         ; + 2uS = 7uS
   goto $+1         ; + 2uS = 9uS
   nop              ; + 1uS = 10uS
   decfsz _Cycles,f ; + 1uS = 11S    
   goto _Pulse38    ; + 2uS = 13uS
   return           ; Return to caller    
ENDASM

OverFreq:
       
  Main:
  
    sleep 1 'sleep one second
    gosub trigger 'send trigger pulse
       
  GOTO Main
  
Trigger:            'generate pentax trigger pulse
  Cycles = 255      
  CALL Pulse38
  Cycles = 244      
  CALL Pulse38
  pauseus 3000
  cycles = 37
  CALL Pulse38
  pauseus 1000
  cycles = 37
  CALL Pulse38
  pauseus 1000
  cycles = 37
  CALL Pulse38
  pauseus 1000
  cycles = 37
  CALL Pulse38
  pauseus 1000
  cycles = 37
  CALL Pulse38
  pauseus 1000
  cycles = 37
  CALL Pulse38
  pauseus 1000
  cycles = 37
  CALL Pulse38
  pauseus 5000        'end of stream
return
  
  
  END