when squashfs image file is placed on hdd, boot parameter should look like below
rd.live.squashimg=xxx.img
rd.writable.fsimg
rd.writable.fsimg -> copy image file to ram. need to work with rd.live.squashimg if filename of image is not squashfs.img
readonlyroot -> for fstab
rd.live.dir -> if folder structure is not /LiveOS
losetup -a to check loop device mount status