Ali Razeghi's creation, "The Aryayek Time Traveling Machine" is apparently a device the size of a personal computer that will accurately tell the user what the next 5-8 years will bring. Of course, since nobody knows for sure, there's no way to test it against reality for another 5-8 years.
Oh, and those predictions? They get printed out on paper. Y'know, I'm starting to think that "time machine" is maybe the wrong phrase here...
Here's the best part:
"This project is not against our religious values at all. The Americans are trying to make this invention by spending millions of dollars on it where I have already achieved it by a fraction of the cost," he said. "The reason that we are not launching our prototype at this stage is that the Chinese will steal the idea and produce it in millions overnight."
Maybe he should have gone with the whole Emperor's New Clothes bit: "To mere fools, it is invisible!"