Kodak playsport to shoot short film?

hi frendz, i m amature filmmaker.i cant spend money to buy dslr cam. can i use kodak playsport zx5 HD camera to shoot low budget film.anyone experienced with these type of low cameras.i think if i use good lighting means i can get good results from this camera.and also use some softwares to correcting colors.is it work ? pls tell ur ideas and comments.thank u