The Camera-work on the film is complete crap, it looks like it was filmed on a second hand camera brought from a car boot sale in Tokyo, and edited on an old junk yard hard drive.
The actors look like they've been pulled off the street or are out of work porn stars,
The special FX consist of a fake knife, and some ketchup.
Its filmed in some kind of basement, with lousy shots of a city street.
In all, it serves only as inspiration to make your own low budget film, you could pick up some techniques,
other than that, don't bother watching it.