liranuna@monster:~/maemo$ qemu-arm -L . ./bin/sh
sh-2.05b$ ls
a.out  boot   dev  floppy   home    lib    mnt	      opt   root  srv  tmp  var
bin    cdrom  etc  hello.c  initrd  media  mytest.sh  proc  sbin  sys  usr
sh-2.05b$ ./mytest.sh
test
sh-2.05b$ ./a.out
sh: ./a.out: cannot execute binary file
sh-2.05b$ cay ./mytest.sh
sh: cay: command not found
sh-2.05b$ cat ./mytest.sh
echo test
sh-2.05b$