Okay quick summary:
I got my Droid Razr Nov 10th; had problems so Nov 11 evening I reformated device, factory reset.
As of this morning on Nov 19th I noticed my LED notification light flashing, so I turned on screen to see what I missed. Nothing. Okay so I unlocked phone and waited a minute to see if some third party application will tell me I have a notification. Nothing.
I turned display off, waited a min and it started flashing again. This time I had to go to work so I turned off device 100% and went to work; 6hrs later I turned on device and I got the LED notification light again. Still cant figure it out. After texting a friend, his 2nd text finally made it go away.
I attended a wedding ceremony as a guest and put my cell phone on Airplane mode so no distractions during wedding and thankfully no lights. 1hr later I re enabled all Data (turned off Airplane mode) and still no LED notification.
I thought I was saved.
But I was wrong. After 2hrs I'm getitng the LED notification light again. Tech thought it had something to do with battery, well at at any rate I'm getting a new device, will be here Wednesday but apparently its still blinking at me.
Heck I even have that thing plugged into the AC charging battery and its still going off. The weird thing is, is that when I turn a blank black screen to power up for me so I can use device the LED light goes away, but when I turn off the display (not powering device off) it comes back.
I swear this phone is pocessed LOL
Can anyone shed a light on the subject? Verizon tried to get me to Motorola Tech Support but guess what, during the transition of being transferred it was 5:59 then 6:00 and the phone cut me off so their website shows them being closed. i just missed the transfer to talk to someone at motorola by 1 minute. So now i have to wait til after 3pm PST tomorrow before i call Motorola back about this issue. Til then I'm hoping someone else knows something 
Thanks