Saving a wet phone from dying:

Once wet, the tiny circuits in the phone gets cros connected leading to errors of over flow of current leading to frying of the central IC chip set.
SO the basic idea is to keep it dry and stop the current flow.

1. switch off the phone immediatly.

2. seperate the battery from the case.

3. remove all the removable components.

4. keep it over night under a fan or table lamp, to dry.

5. you may use a hair dryer to dry the mother board.

6. make sure you know how to put the removed components safely back again:-)

7. save on going to a mobile shop for this.