Getting beeps is a good sign right now. Test the RAM with MemTest86+
. Download the .zip with .iso file. Burn this disc image to cd. Pop the disc into the troubled computer. Turn on and the test will run itself.
Thanks you, I'll definitely use that in the future if I believe I'm having RAM problems. However, I have an update on my issue which I think the rules out the RAM.
Right before the "System Haulted" message was actually another message that flashed on screen for about .5 seconds. After a few boot ups I was able to discern:
Set CMOS date and time (I had changed the battery so I suppose that's why)
So I plugged in the keyboard and booted up, and was able to access the BIOS to set the date and time. Now when I boot up, I get the same system haulted message however only ONE beep.
The manual says this is a "refresh failure"