Try to make a new memory card, mount it, load a savestate, save to a new memory card,
exit ePSXe (with esc so that the memory card is saved), after that try loading that save.
Edit: hm... as i re-read your post I see that you have tried that already...
then it seems like you will need to start off with an old save.
Last edited by Shendo; August 17th, 2006 at 03:00.