Aside from a buzzer, also put a POST-Card into one of the PCI-Slots. ATX-Motherboards are sending 2 Bytes on a specific port during the POST, showing you at which point of the POST-Process there is a fault.
Although from what you're describing, it seems like the RAM cannot be initialized correctly. Suggesting something to be wrong in either the routine that is initializing the RAM, a faulty memory controller (inside the CPU), faulty RAM, a blown RAM-Power Supply, or damaged connections from the RAM to the CPU (Damage to the socket, the PCB traces or the contacts inside the RAM sockets), or simply a stubborn Board.
If something is wrong with the power supply, it might be fixable. If not, you probably wasted your money. Mainboards are very highly integrated devices. Finding faults that aren't obvious is next to impossible.
Btw. Check the socket for burns. Idk if it applies to this board, but for about half a year Intel CPUs made for a specific socket could fail by burning pins on the socket.