The guy behind the project had this to say about this clip.
The purpose of this teaser was to demonstrate that with a little creativity, a few dollars in your pocket and the right look, anyone can make an accurate Street Fighter film.
As we all know how well received the last two films where, I felt it necessary to try and show up my Hollywood counter parts in a way I knew they have yet to try. Source material- paying tribute to it is the most important thing when adapting a comic book, video game or intellectual property that isn't 100% your own. If you fail to keep what made the characters memorable in the first a constant theme throughout your adaptation, you fail period.
Also, let it be known I am actively perusing the rights to Street Fighter as well as Final Fight. So if you're a true fan of these games and want to see some justice done for them, pass this trailer on.