Looks like we 're booting from network, mounting xxxx:/yyy on /trk /trk/trk3/trkramfs: Permission denied Something's wrong in startup, dropping to a shell, stop booting
The solution is to modify the permissions on the file trkramfs:
chmod +rx trkramfs
I am not sure why this problem would occur in the latest build.
I was using the Trinity Rescue Kit 3.4 build 367.