What a dumb@$$ statement! Ever hear of "research and development"?
LCD technology was many years old when we (at TI) decided to market the first electronic watches - with LED displays. (Remember "Push the button to see the time in dim red numbers"?)
We made that choice because the LCD displays in the mid 70's were unreliable, low contrast, ugly crap. We also sold computers with CRT displays...
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Now, LCDs have had the benefit of decades of R&D.
In other words, this inventor is pumping up his invention way beyond what its capabilities really are.
You can buy into this company if you want but after watching the segment I believe it's either a pipe-dream or a scam.