bulesz,turn it on again and wait for about a minute if still the hourglass stuck,sad to say your player is simply as dead.Maybe in the charging thing damage the firmware on it.You know when you charge your player you should have to plug first the charger on a AC outlet along with the usb cable then last is plug it in on your player.
Follow the guide here:
http://www.mympxplayer.org/dead-play...ide-vt567.html