I have an Evo Lite+ and I've done many Spherical Panorama shots (that's what you are trying to do, right? There is no pano for video - only still images). Whenever I get that message - it's because of one of these two reasons:
[1] I'm way too close to the subject I'm trying to do the pano capture for. Go a little higher and back way just a little - that always fixes it for me.
[2] Not enough light. I know the Lite+ is made for low-light conditions, but the Pano function itself requires better light. I think that is because to know how to properly stitch the photos together, it needs to have very fine detail on the edge of each photo, hency more light is needed.