Problem Turning on Nexus 4

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http://forums.androidcentral.com – Hi all, this may sound dumb, but i can't seem to charge or turn on my nexus 4. i received my phone, plugged in the charger and a solid red notification light turned on. then i tried to power it on and nothing happened. So i then unplugged it and plugged it in again this time a blinking light and a white charging indicator turned on. I then tried to power it on again however the notification light then turned into the solid red light and nothing has changed ever since then. Been about 1hr. Is this a sign that it is charging? or do i have a faulty phone? Thanks!!! (HowTos)