https://codesandbox.io/s/upbeat-frost-3tt25

1. Press Suspend, see "Loading..."
2. Wait five seconds, you'll see "Happy birthday" at some point 
3. You won't see it again no matter how long you wait

Expected: you'll see it every five seconds.
if (__DEV__) {
    if (Component) {
      if (Component.childContextTypes) {
        console.error(
          '%s(...): childContextTypes cannot be defined on a function component.',
          Component.displayName || Component.name || 'Component',
        );
      }
    }
    if (workInProgress.ref !== null) {
      let info = '';
      const ownerName = getCurrentFiberOwnerNameInDevOrNull();
      if (ownerName) {
        info += '\n\nCheck the render method of `' + ownerName + '`.';
      }
      let warningKey = ownerName || workInProgress._debugID || '';
      const debugSource = workInProgress._debugSource;
      if (debugSource) {
        warningKey = debugSource.fileName + ':' + debugSource.lineNumber;
      }
      if (!didWarnAboutFunctionRefs[warningKey]) {
        didWarnAboutFunctionRefs[warningKey] = true;
        console.error(
          'Function components cannot be given refs. ' +
            'Attempts to access this ref will fail. ' +
            'Did you mean to use React.forwardRef()?%s',
          info,
        );
      }