Howdy..
I am having the exact same problem with mine as pcgamerltu is. I have completely removed, uninstalled server and release folders a few times already, also removed deleted all mysql files, even removed my xampp just to be sure that was not affecting it. Reloaded all a few times starting from scratch completely. and again, no go. And yes, it was working fine when I first installed. Even made my character GM and all was good, played a few dyas that way. then had to restart server and ang then it hung like pcgamerltu's did.. From that point on, it has been no go. No error codes, no extra text in the log files what so ever, just shows what the man above posted exactly. Nothing more, nothing less. I am once again at this moment, redoing the whole thing. Fresh mysql, server and release. all fresh..
*************** edited ********************
OK I guess 6 times of reinstalling every thing needed does the work.. Yea, took that many times and I have NO IDEA why it works now and not before because I did nothing differently. Did exactly the same all 6 times. Well, besides going to get some thing to eat while the vmaps were moving. hehe
It all fires up nicely, the client connects, buttttt, hmmmm, stopped on connected. I am going to search the forums a bit to see if that has already been answeared. I do not like asking for help unless I am totaly stuck.. BTW. this is not the first server I have installed and ran. I am an old game server admin from way back, back when UO was popular lol yeaaa thats been a long while.
Anyway, thanks for the help and I shall now go search a bit..