Gnu Assembler on Openbsd 3.7 "Operation not permitted"

[Ted Hanna <wolfpacklabs_(_at_)_gmail_(_dot_)_com>]

im receiving an error on compiling using gas and ld. i did a test
compile using a hello.S that have the usuall "hello world" written in
asm. the compile went smoothly and so does the linking but i got at a
point where i am ready to run the program and got this error

$ as -o hello.o hello.S
$ ld -s -o hello hello.o
$ hello
sh: hello: Operation not permitted 

here's the file stats 

$ ls -la hello
-rwxr-xr-x  1 dee  dee  4452 Jul  2 14:42 hello


any suggestions will be greatly appreciated.


dee