Odd error when running custom script

So I'm getting an error when trying to run a custom script.  I've done this many times but maybe I'm missing something simple?

mail2:/home/hobbit/client/logs # tail -f bb-smart.log
2007-09-26 08:40:55 Could not start task disksts using command '/home/hobbit/client/ext/bb-smart.sh': No such file or directory
2007-09-26 08:45:55 Could not start task disksts using command '/home/hobbit/client/ext/bb-smart.sh': No such file or directory
2007-09-26 08:50:56 Could not start task disksts using command '/home/hobbit/client/ext/bb-smart.sh': No such file or directory
2007-09-26 08:55:57 Could not start task disksts using command '/home/hobbit/client/ext/bb-smart.sh': No such file or directory
2007-09-26 09:00:57 Could not start task disksts using command '/home/hobbit/client/ext/bb-smart.sh': No such file or directory
2007-09-26 09:05:58 Could not start task disksts using command '/home/hobbit/client/ext/bb-smart.sh': No such file or directory

Pretty straight forward, right?  But it's there and owned by user hobbit . . .

mail2:/home/hobbit/client/logs # stat /home/hobbit/client/ext/bb-smart.sh
  File: `/home/hobbit/client/ext/bb-smart.sh'
  Size: 1124            Blocks: 8          IO Block: 4096   regular file
Device: 802h/2050d      Inode: 133492      Links: 1
Access: (0755/-rwxr-xr-x)  Uid: ( 1011/  hobbit)   Gid: (    0/    root)
Access: 2007-09-26 09:06:39.000000000 -0600
Modify: 2007-09-26 08:39:27.000000000 -0600
Change: 2007-09-26 08:40:11.000000000 -0600

Any ideas?

Thanks,
Matt