I have a 50pt350 red light flashes .no sound no picture
SOURCE: flashing red center light
With most flat panel TVs, the TV turn itself OFF when it has a fail electronic part and the red light starts flashing. They call this "Protection Mode". The flashing red light should be a error trouble code.
But, it's weird that everything is working and the red light is flashing. Since you just recently bought the TV, I would get it check out while it's still under warranty. Better safe, than sorry.
SOURCE: lg50pc55 when you turn on stand by light flashes 4
You have a defective Power Board.Replacement cost about 200.00.(DIY)
SOURCE: have no picture or sound and the red standby light
Check the capacitors in the power supply. Replace with a higher voltages if you find one bubbled.
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