Did you check that die file owner and permissions are correct on the root filesystem? Especially the init script to by able to start the second boot stage:
# ls -l /sbin/init -rwxr-xr-x 1 root root 167192 Jan 18 2013 /sbin/init
Did you check that die file owner and permissions are correct on the root filesystem? Especially the init script to by able to start the second boot stage:
# ls -l /sbin/init
-rwxr-xr-x 1 root root 167192 Jan 18 2013 /sbin/init