Creating a Continuous File Reading-Executing Shell Script

I need to write something that will read and execute all the files(Mainly executable scripts) inside one or more folders; in other words, a continuous chain with a break when finished. I'm new to shell and need syntax help. I'm on Ubuntu 12.10-Gnome btw.
Here are some main highlights I think should be included;
-The program should ask for one or more directories. Should process all the files given in these directories,
-Should create a .txt file on which files and folders are read and executed(for correction and informational purposes),

-Could contain a break option like control+shift+c maybe but thats clearly not of utmost importance.

The code, or the guidance to the code would be very much appreciated. Thx alot.

This should help point you in the right direction.

for FOLDER in $FOLDERS
do
        for FILE in "$FOLDER"/*
        do
                echo "Executing $FILE"
        done
done

Thx mate i'll try to go along from there.