Uh, sorry, I meant the actual contents of the grub config (most probably (pmOS boot)/grub.cfg. The one with stuff like vmlinuz and initrd
To me it looks like there's some problem with running the init. I'd guess either the partition reference, path or maybe just some empty something. But that's all I can guess without the contents of the config
Just for your info - you could be running from shared boot partition. Just make sure one OS doesn't overwrite the kernel and initramd of the other. It's not a problem, just a piece of info