Minecraft Server not booting up properly

The server is having a problem booting up. The Chat/Command log is staying blank and it will not start. I backed up and got to the world state at 1.5.1, where it is a brand new server, just brought into operation. Did the server code change? Is there an additional step i have to use??? What happened?! I am eager to get my 150 slot server back online soon!!! Please help!

What I expected to happen was...:
The server to successfully boot up, with no issues loading spawn and world surrounding.

What actually happened was...:
The world had appeared to not load, and the console was unable to start.

Steps to Reproduce:
1. Quit all other server activity except the needed ones to run Minecraft Server 1.7.9 and the OS.
2. Run Minecraft Server 1.7.9
3. Wait.
4. Notice how it stays blank... What happened???