It is totally possible.
All you have to do is to get a video converter which converts your regular video to a Cyan/Red video ( stereoscopic 3D video ) and get a pair of (or make one at home) Anaglyph - http://en.wikipedia.org/wiki/Anaglyph_3D
Then all you have to do it, convert your video, transfer it to your phone, put on those glasses and start watching it in 3d.
*You don't want to watch that video for more than 1 hour because it can make you squint....................
It won't make you squint but my eyes hurt every time I watch a stereoscopic 3D video.