1) Place image with subject in PS
2) Duplicate the layer
3) Select Subject and refine mask
4) Use the MArquee tool to select a tiny slice of the subject and click COMMAND J
5) On the selected strip of pixel layer, click Command T and Right click to WARP effect
6) Adjust your pixels and stretch them holding the shift key
7) Place the masked subject OVER the stretched pixels
8) Filter Gallery : Add grain
9) Blur image a bit
10) Use a gradient map to give it the color overlay look