UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                              --------------------

                                    FORM 8-K

                                 CURRENT REPORT
                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): May 31, 2005


                                 CRDENTIA CORP.
             (Exact name of registrant as specified in its charter)


          Delaware                   000-31152                  76-0585701
(State or Other Jurisdiction        (Commission              (I.R.S. Employer
      of Incorporation)             File Number)          Identification Number)


                         14114 Dallas Parkway, Suite 600
                               Dallas, Texas 75254
               (Address of Principal Executive Offices) (Zip Code)

                                 (972) 850-0780
              (Registrant's telephone number, including area code)


         (Former name or former address, if changed since last report.)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))
<PAGE>

Item 1.01. Entry into a Material Definitive Agreement.

      Executive Employment Agreement with James J. TerBeest

      On May 31, 2005, we entered into an executive  employment  agreement  with
James J. TerBeest,  our Chief Financial Officer,  pursuant to which Mr. TerBeest
will  receive  $175,000 in salary for his service to the  company.  In addition,
pursuant to the arrangement,  we agreed to issue Mr. TerBeest a restricted stock
bonus of 500,000 shares of our common stock.  Such grant shall be subject to the
terms and conditions  set forth in the form of Notice of Restricted  Stock Bonus
Award and Restricted Stock Bonus Award  Agreement,  the principal terms of which
are discussed below. In the event that we terminate Mr. TerBeest's employment at
any time  without  cause (as defined in the  agreement),  he will be eligible to
receive a severance  payment equal to (i) six (6) months of his base salary plus
(ii) one (1) month of his base salary for each month of employment  beginning on
January  1, 2005 in  excess of six (6)  months  but not to  exceed  twelve  (12)
months.

      The  foregoing  description  of  the  executive  employment  agreement  is
qualified in its entirety by the Executive  Employment  Agreement by and between
Crdentia  Corp.  and James J.  TerBeest,  filed as Exhibit  10.1 to this current
report.

      Restricted Stock Bonus Awards

      On May 31, 2005,  we issued  restricted  stock bonus awards to four of our
executive  officers,  James D. Durham, our Chairman and Chief Executive Officer,
Pamela G.  Atherton,  our  President,  James J.  TerBeest,  our Chief  Financial
Officer,  and Vicki L. Smith,  our Vice  President  of Finance.  Pursuant to the
restricted  stock bonus awards,  Mr.  Durham  received  2,000,000  shares of our
Common Stock with an aggregate  fair market value of  $3,400,000,  Ms.  Atherton
received  900,000 shares of our Common Stock with an aggregate fair market value
of $1,530,000,  Mr. TerBeest received 500,000 shares of our Common Stock with an
aggregate fair market value of $850,000,  and Ms. Smith received  300,000 shares
of our Common Stock with an aggregate fair market value of $510,000.

      All shares of restricted  stock vest in accordance with the following:  In
the event that the average  daily  trading  volume for our common stock over any
consecutive  thirty  (30) day  period  equals or  exceeds  100,000  shares  (the
"Trading  Volume Goal"),  then  one-fortieth  (1/40) of the shares shall vest on
Wednesday of each week following the  achievement of the Trading Volume Goal for
a period of forty (40) weeks until the shares are fully vested.

      The  restricted  stock  bonus to Ms.  Atherton  is  subject  to a  further
clawback  provision.  Subject to Ms.  Atherton's  continuous  service  and other
limitations  set forth in the  Notice  and the  Agreement,  Ms.  Atherton  shall
forfeit 300,000 of the shares granted on each of June 30th,  September 30th, and
December 31st of 2005 (a "Clawback"), unless we have achieved certain amounts of
both revenue and earnings before interest,  taxes, depreciation and amortization
(and excluding  stock  compensation  expense)  during the three months ending on
such dates.

      The  foregoing  description  of  the  restricted  stock  bonus  awards  is
qualified  in its  entirety  by the Notice of  Restricted  Stock Bonus Award and
Restricted  Stock Bonus Award  Agreement by and between  Crdentia Corp. and each
James D. Durham,  Pamela G.  Atherton,  James J.  TerBeest,  and Vicki L. Smith,
filed as Exhibits  10.2,  10.3,  10.4, and 10.5,  respectively,  to this current
report.
<PAGE>

Item 9.01 Financial Statements and Exhibits.

(c)   Exhibits.

      10.1  Executive  Employment  Agreement  dated May 31,  2005 by and between
            Crdentia Corp. and James J. TerBeest.

      10.2  Notice of Restricted  Stock Bonus Award and  Restricted  Stock Bonus
            Agreement dated May 31, 2005 by and between Crdentia Corp. and James
            D. Durham.

      10.3  Notice of Restricted  Stock Bonus Award and  Restricted  Stock Bonus
            Agreement  dated May 31,  2005 by and  between  Crdentia  Corp.  and
            Pamela G. Atherton.

      10.4  Notice of Restricted  Stock Bonus Award and  Restricted  Stock Bonus
            Agreement dated May 31, 2005 by and between Crdentia Corp. and James
            J. TerBeest.

      10.5  Notice of Restricted  Stock Bonus Award and  Restricted  Stock Bonus
            Agreement dated May 31, 2005 by and between Crdentia Corp. and Vicki
            L. Smith.
<PAGE>

                                   SIGNATURES

      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                          CRDENTIA CORP.


June 6, 2005                              By:        /s/ James D. Durham
                                             -----------------------------------
                                                       James D. Durham
                                                   Chief Executive Officer
<PAGE>

                                  EXHIBIT INDEX

Exhibit No.       Description
-----------       --------------------------------------------------------------
10.1              Executive  Employment  Agreement  dated  May  31,  2005 by and
                  between Crdentia Corp. and James J. TerBeest.

10.2              Notice of Restricted  Stock Bonus Award and  Restricted  Stock
                  Bonus  Agreement  dated May 31, 2005 by and  between  Crdentia
                  Corp. and James D. Durham.

10.3              Notice of Restricted  Stock Bonus Award and  Restricted  Stock
                  Bonus  Agreement  dated May 31, 2005 by and  between  Crdentia
                  Corp. and Pamela G. Atherton.

10.4              Notice of Restricted  Stock Bonus Award and  Restricted  Stock
                  Bonus  Agreement  dated May 31, 2005 by and  between  Crdentia
                  Corp. and James J. TerBeest.

10.5              Notice of Restricted  Stock Bonus Award and  Restricted  Stock
                  Bonus  Agreement  dated May 31, 2005 by and  between  Crdentia
                  Corp. and Vicki L. Smith.
{"company-data": {"conformed-name": "CRDENTIA CORP", "cik": "0001073857", "assigned-sic": "7361", "irs-number": "760585701", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-31152", "film-number": "05879968"}, "business-address": {"street1": "14114 DALLAS PARKWAY", "street2": "SUITE 600", "city": "DALLAS", "state": "TX", "zip": "75254", "phone": "972-850-0780"}, "mail-address": {"street1": "14114 DALLAS PARKWAY", "street2": "SUITE 600", "city": "DALLAS", "state": "TX", "zip": "75254"}, "former-company": [{"former-conformed-name": "LIFEN INC", "date-changed": "20001115"}, {"former-conformed-name": "DIGIVISION INTERNATIONAL LTD", "date-changed": "20001005"}]}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                              --------------------

                                    FORM 8-K

                                 CURRENT REPORT
                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): May 31, 2005

                                 CRDENTIA CORP.
             (Exact name of registrant as specified in its charter)

          Delaware                   000-31152                  76-0585701
(State or Other Jurisdiction        (Commission              (I.R.S. Employer
      of Incorporation)             File Number)          Identification Number)

                         14114 Dallas Parkway, Suite 600
                               Dallas, Texas 75254
               (Address of Principal Executive Offices) (Zip Code)

                                 (972) 850-0780
              (Registrant's telephone number, including area code)

         (Former name or former address, if changed since last report.)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.

      Executive Employment Agreement with James J. TerBeest

      On May 31, 2005, we entered into an executive  employment  agreement  with
James J. TerBeest,  our Chief Financial Officer,  pursuant to which Mr. TerBeest
will  receive  $175,000 in salary for his service to the  company.  In addition,
pursuant to the arrangement,  we agreed to issue Mr. TerBeest a restricted stock
bonus of 500,000 shares of our common stock.  Such grant shall be subject to the
terms and conditions  set forth in the form of Notice of Restricted  Stock Bonus
Award and Restricted Stock Bonus Award  Agreement,  the principal terms of which
are discussed below. In the event that we terminate Mr. TerBeest's employment at
any time  without  cause (as defined in the  agreement),  he will be eligible to
receive a severance  payment equal to (i) six (6) months of his base salary plus
(ii) one (1) month of his base salary for each month of employment  beginning on
January  1, 2005 in  excess of six (6)  months  but not to  exceed  twelve  (12)
months.

      The  foregoing  description  of  the  executive  employment  agreement  is
qualified in its entirety by the Executive  Employment  Agreement by and between
Crdentia  Corp.  and James J.  TerBeest,  filed as Exhibit  10.1 to this current
report.

      Restricted Stock Bonus Awards

      On May 31, 2005,  we issued  restricted  stock bonus awards to four of our
executive  officers,  James D. Durham, our Chairman and Chief Executive Officer,
Pamela G.  Atherton,  our  President,  James J.  TerBeest,  our Chief  Financial
Officer,  and Vicki L. Smith,  our Vice  President  of Finance.  Pursuant to the
restricted  stock bonus awards,  Mr.  Durham  received  2,000,000  shares of our
Common Stock with an aggregate  fair market value of  $3,400,000,  Ms.  Atherton
received  900,000 shares of our Common Stock with an aggregate fair market value
of $1,530,000,  Mr. TerBeest received 500,000 shares of our Common Stock with an
aggregate fair market value of $850,000,  and Ms. Smith received  300,000 shares
of our Common Stock with an aggregate fair market value of $510,000.

      All shares of restricted  stock vest in accordance with the following:  In
the event that the average  daily  trading  volume for our common stock over any
consecutive  thirty  (30) day  period  equals or  exceeds  100,000  shares  (the
"Trading  Volume Goal"),  then  one-fortieth  (1/40) of the shares shall vest on
Wednesday of each week following the  achievement of the Trading Volume Goal for
a period of forty (40) weeks until the shares are fully vested.

      The  restricted  stock  bonus to Ms.  Atherton  is  subject  to a  further
clawback  provision.  Subject to Ms.  Atherton's  continuous  service  and other
limitations  set forth in the  Notice  and the  Agreement,  Ms.  Atherton  shall
forfeit 300,000 of the shares granted on each of June 30th,  September 30th, and
December 31st of 2005 (a "Clawback"), unless we have achieved certain amounts of
both revenue and earnings before interest,  taxes, depreciation and amortization
(and excluding  stock  compensation  expense)  during the three months ending on
such dates.

      The  foregoing  description  of  the  restricted  stock  bonus  awards  is
qualified  in its  entirety  by the Notice of  Restricted  Stock Bonus Award and
Restricted  Stock Bonus Award  Agreement by and between  Crdentia Corp. and each
James D. Durham,  Pamela G.  Atherton,  James J.  TerBeest,  and Vicki L. Smith,
filed as Exhibits  10.2,  10.3,  10.4, and 10.5,  respectively,  to this current
report.
Item 9.01 Financial Statements and Exhibits.

(c)   Exhibits.

      10.1  Executive  Employment  Agreement  dated May 31,  2005 by and between
            Crdentia Corp. and James J. TerBeest.

      10.2  Notice of Restricted  Stock Bonus Award and  Restricted  Stock Bonus
            Agreement dated May 31, 2005 by and between Crdentia Corp. and James
            D. Durham.

      10.3  Notice of Restricted  Stock Bonus Award and  Restricted  Stock Bonus
            Agreement  dated May 31,  2005 by and  between  Crdentia  Corp.  and
            Pamela G. Atherton.

      10.4  Notice of Restricted  Stock Bonus Award and  Restricted  Stock Bonus
            Agreement dated May 31, 2005 by and between Crdentia Corp. and James
            J. TerBeest.

      10.5  Notice of Restricted  Stock Bonus Award and  Restricted  Stock Bonus
            Agreement dated May 31, 2005 by and between Crdentia Corp. and Vicki
            L. Smith.
SIGNATURES

      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                          CRDENTIA CORP.

June 6, 2005                              By:        /s/ James D. Durham
                                             -----------------------------------
                                                       James D. Durham
                                                   Chief Executive Officer
EXHIBIT INDEX

Exhibit No.       Description
-----------       --------------------------------------------------------------
10.1              Executive  Employment  Agreement  dated  May  31,  2005 by and
                  between Crdentia Corp. and James J. TerBeest.

10.2              Notice of Restricted  Stock Bonus Award and  Restricted  Stock
                  Bonus  Agreement  dated May 31, 2005 by and  between  Crdentia
                  Corp. and James D. Durham.

10.3              Notice of Restricted  Stock Bonus Award and  Restricted  Stock
                  Bonus  Agreement  dated May 31, 2005 by and  between  Crdentia
                  Corp. and Pamela G. Atherton.

10.4              Notice of Restricted  Stock Bonus Award and  Restricted  Stock
                  Bonus  Agreement  dated May 31, 2005 by and  between  Crdentia
                  Corp. and James J. TerBeest.

10.5              Notice of Restricted  Stock Bonus Award and  Restricted  Stock
                  Bonus  Agreement  dated May 31, 2005 by and  between  Crdentia
                  Corp. and Vicki L. Smith.