Observed what at first appeared to be a star but it was moving against the star field in rotation. By this I mean it was drifting to the east as the star field behind it drifted to the west. Almost low on horizon to the N.E. in rural mountain area. Object through scope appeared to flash several colors in a random order although towards the bottom and to one side there was a constant flashing of orange similar to flames or corona coming out of an exhaust. Signaled S.O.S. using a 750,000 candlepower handheld beam. At this point the entire object diminished luminosity greatly for several minutes and then went back to full random flashing. Repeated signals and the same thing happened again. Slowly another very similar object moved into the background but lower on the horizon. After going back home (about a mile away) the individual who had first called to say the object was there called me again and stated that several, 7 or 8, were in the same area and 5 of these had formed a pentagon type of shape relative to his point of view. I've observed stars, planets, etc., for most of my 4o some years and have never seen anything like this before! Very odd.