1st to eject your game.
turn the ps3 off from the plug.
now hold the eject button
now turn plug on but keep the eject button held down till disc comes out
This will force eject the disc. If you hold the eject button for like 15 seconds

2. now for the flashing red light
turn off the ps3 then turn it on as soon as you turn it on hold power till you hear 3beeps I'll put vid on so you know what to do
[youtube]5qUgLBtWtmY[/youtube] hope this helps.