Losi esc
Sounds exactly the same as mine - bad flash to the chip which means you or rather it is screwed....nothing you can do with it.
Back to Horizon - who by the way dont have esc's in stock (spoke to them yesterday) they reckon could be 3 or 4 weeks before they have them in !!!
So obvious suggestion is try the shop you got it from see if they will replace....
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