That particular board doesn't look like it's transparent, so you may have a hard time getting it to work in a projector. An LCD would be easily converted by simply pulling off the backlight and diffuser layers, but is the same process possible with OLED? From what I know of their operation, they're self-lighting and there's no reason they should be transparent unless they're specifically sold that way.
Aside from that, you'd have to figure out video over SPI. I don't know anything about that, but I think it's a fairly ambitious task to get good framerates on this type of display. You also won't get anything resembling SD video out of it, since at 128x128, and SD is generally considered 640x480.