Suspend/Wakeup in Beagleboard using Angstrom

I want to suspend and resume my Beagleboard C4.

I checked out the latest Angstrom kernel using,

git clone git://git.kernel.org/pub/scm/linux/kernel/git/tmlind/linux-omap-2.6.git linux-omap-2.6

But the kernel is not booting properly. It is stuck at

[    4.755645] EXT3-fs (mmcblk0p2): recovery complete
[    4.991027] EXT3-fs (mmcblk0p2): mounted filesystem with ordered data mode
[    4.999023] VFS: Mounted root (ext3 filesystem) readonly on device 179:2.
[    5.006652] Freeing init memory: 304K
[    6.316253] EXT3-fs (mmcblk0p2): using internal journal
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Has anyone resolved this issue?

I compiled the kernel directly on the beagleboard. Same result. I compiled the kernel using toolchain. Same result.

Is it something related to the u-boot/File system?