If the red led blinks then it turns blue without the lcd panel lighting up then this might be your problem.
This eprom chip is faulty and only works when it is cooled down. The chip is rectangular and located at the right of the main processor. It reads HYNIX KOR , HY27US08121B , TPCB 839F , M7TE0277Q3. You can see it circled in this picture imgur.com/bjyCNCq . Easiest way to cool it down is to use a can of compressed air (that is used for cleaning keyboards) and to spray the chip with the can upside down. (you can drill a hole in the back cover directly above the chip). When spraying with the can upside down the air that exits the can is very cold.
Cheers!