Einstein's 'Theory of Relativity' has been the backbone of Physics for more than a century. Einstein was faced with the incompatibility between the constancy of the speed of light and the principle of relativity. It should have been obvious to him that the speed of light was not constant. The original experiments that led to this belief were flawed. Instead, Einstein dropped two of what he called unjustifiable hypothesis from classical mechanics; that time and space were fixed. 'Theory of Reality' is a short allegory. Logic is used to replace the concepts of relativity with new concepts of reality. Johnbat, the main character, systematically examines the logic behind the theory of relativity pointing out flaws in the original definitions, experiments and logical conclusions that were used to develop special relativity. A new 'Theory of Reality' is presented as its replacement.