Version 4: A Self Created Soul

[Wjames]

Vascular beats 
Wrapped in brown paper 
Tied with Old fraying string Nice opening, a heart in a brown shopping package.
Hallow of thoughts, silent of cry.  I can't make sense of "Hallow of thoughts" - do you mean "hollow"? "Silent of cry" is awkwardly worded.

The patterned tag long forgotten 
Hanging unwanted by my side
Words blur, Paper cockled cockled is lovely
Like a riverbed in Summertime nice simile.

The clock stopped,
Hidden beneath the floor boards
In a tell tale hint
Towards the madness. Towards what madness? Maybe cut "the".
 

Breathe cold,
A floating cloud 
In a blank space 
Of self-doubt.
 
My way lost, I think you should add a word here, like "My way is lost". "My way lost" is strange, and the affect doesn't really add anything imo.
The tissue that crinkled with love
Now ripped & torn, the passion gone,
No happy smiles, No celebration. I think you could say this line in a more interesting way. "ripped and torn" is an example of using images to express the feeling, this is just the feeling - I would try and make it more like "ripped and torn". 
 
This is who I am,
Forgotten as the moon on a Summer day, 
A distant memory, I would cut this line, it's implied by "forgotten". 
A deflated balloon polluting the stream in which I float. Nice ending.

I like a lot of this, I think you could tighten it a bit. I haven't read the earlier edits or other comments, I hope my thoughts are helpful.