the led codes for the club spec are....


• Red & Green status LEDs on solid––Check input signal harness
connections. Check input signal harness wiring sequence––Refer
to STEP 3.
• Blue & Red status LEDs blinking. Possible thermal shut-down––
Check gear ratio & free operation of drive train for possible
overloading/ESC is being severely over-loaded––allow system to
cool & return throttle to neutral to regain motor control. LEDs will
continue to blink until system is cooled down.
• Red & Yellow status LEDs toggling. LiPo battery has reached critical
safety voltage & LiPo Cut-Off circuitry has cut-off throttle output.
Recharge battery.


http://teamnovak.com/file_download/1...structions.pdf

If everything is plugged in correctly, you may need to try another connector between the esc & rec.