Hooray!!
I fixed it!!
If someone else want to know heres what i did:
1. Wire pin 9+10 on the flash chip to the golden antenna connector
2. Turn it on
3. Turn it off and remove the wire bridge
4. Turn it on, the power led should be flashing indicating its in failsafe mode
5. Download asus firmware restoration utility from asus
5. Download wl500g-clear-nvram.trx and flash it with asus' utility
6. The unit can now be flashed with whatever fw you like
Keep up the good work guys!
Thanks a ton!