ESP32 - build successful but after reboot does not go beyond Init Complete

[theshinyknight]

I was successful in compiling the INO file and the ESP32 module does show on the serial monitor the boot text, but does not accept any command after

`ets Jul 29 2019 12:21:46

rst:0x1 (POWERON_RESET),boot:0x13 (SPI_FAST_FLASH_BOOT)
configsip: 0, SPIWP:0xee
clk_drv:0x00,q_drv:0x00,d_drv:0x00,cs0_drv:0x00,hd_drv:0x00,wp_drv:0x00
mode:DIO, clock div:1
load:0x3fff0030,len:1344
load:0x40078000,len:13964
load:0x40080400,len:3600
entry 0x400805f0
Zimodem 4.0.1 firmware starting initialization
Baud 1200, Deque constant now: 4
Config changing to 134217756.
Deque constant now: 4
Config changed.
Resetting...
Init complete.
`

I am using a standard ESP32 dev module from Amazon; with default settings except the speed reduced to 80MHz.