Droid Boots into Bootloader

Hey folks. I've been researching the forums, and Google, but to no avail. My phone is booting up as if I'm holding the D-Pad up to boot into the bootloader screen, and I'm pretty sure it has something to do with one of the ROMs I had put on the phone. I was running default Cyanogen perfectly, and the phone just reset on me. Now, I can only boot up to the screen where it says:

Bootloader 2c.6c

Battery OK
OK to program
USB transfer

I can't remember the 4th line as the phone is not with me at the moment. I've tried booting into recovery, partitions menu>format boot>done, format system>done, wipe data and cache was done, and tried restoring a Nandroid backup. I still boot into the same problem.

It's worth noting that the phone is rooted, and experienceed a VERY MINIMAL amount of water near the battery compartment. I was walking in the rain yesterday with the Droid in my pocket.. To say the least the water seeped through and kind of wet the battery. It sat in rice overnight, nothing happened.

Any help is much appreciated!

Thanks so much!