iPhone 5 shut off after blue screen and if reset its red?

I got my iPhone slightly damp and it worked fine and then it went to a blue screen and shut off. every time i try to hard reset the screen turns red and goes back to it being stuck on the apple logo? what do i do?

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Do you see corrosion when you open it? Exactly how much water got in and was power going through the phone for long after that?

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