B I

States
District of Delaware
years
. Sec. or
(if more than one, state all):
94-3243631
1964 Howell Branch Road, Ste. 206
Winter Park, Florida
EIN
Name
(include married, maiden, and trade names):
Last four digits of Soc. Sec. or Indvidual-Taxpayer I.D. (ITIN) No./Complete EIN
(if more than one, state all):
of Business:
0
Gil'
0
0
(Form of Organization)
(Check one box.)
from
Individual (includes Joint Debtors)
See Exhibit Don page 2 of this form.
Corporation (includes LLC and LLP)
Pmtnership
Other (If debtor is not one of the above entities,
check this box and state type of entity below.)
Gl Full Filing Fcc attached.
(Check one box.)
Ji1 Health Care Business
0 Single Asset Real Estate as defined in
II U.S.C. 101(51B)
0 Railroad
D Stockbroker
D Commodity Broker
D Clearing Bank
0 Other
Tax-Exempt Entity
(Check box, if applicable.)
D Debtor is a tax-exempt organization
under Title 26 of the United States
Code (the Internal Revenue Code).
0
0
Gil
0
0
Chapter?
Chapter9
Chapter 11
Chapter 12
Chapter 13
D Chapter 15 Petition for
Recognition of a Foreign
Main Proceeding
0 Chapter 15 Petition for
Recognition of a Foreign
Nonma:in PToceeding
Nature of Debts
(Check one box.)
0 Debts mc primarily consumer
debts, defined in 11 U.S.C.
g Debts are primarily
business dehts.
101(8) as "incurred by an
individual primarily for a
family, or house-
Check one box:
0 Debtor is a small business debtor as defined in 11 U.S.C. 101(510).
D Filing Fcc to be paid in installments (applicable to only). Must attach
signed application for the court's consideration certifying that the debtor is
unable to pay fee except in installments. Rule 1006(b). See Official Form 3A.
Gl Debtor is not a small business debtor as defined in 11 1J.fi.C. 101(510).
Check if:
0 Filing Fee waiver requested (applicable to chapter 7 individuals only). Must
attach signed application for the court's consideration. See Official Fonn 3!3.
0 Debtor's aggregate noncontingent liquidated debts (excluding owed to
insiders or affiliates) arc less than $2,190,000.
Check all applicable boxes:
[jf A plan being filed with this petition.
0 Acceptances of the plan were solicited prepctition from one or more classes
THIS SPACE IS FOR
COURT USE
Gil'
0
Debtor estimates that funds will be available for distribution to unsecured creditors.
0
1-49
$0to
$50,000
0
$0 to
$50,000
50-99
$50,001 to
$100,000
0
$50,001 to
$100,000
'""' e'""'"Pl property is excluded and administrative expenses paid, there will be no funds available for
100-199 20()....999
0 0
$100,001 to $500,001
$500,000 to $1
0 0
$100,001 to $500,001
$500,000 to $1
0
1,000-
5,000
0
$1,000,001
to $10
0
$1,000,001
to $10
0
5,001-
10,000
0
$10,000,001
to $50
Gil'
$10,000,001
to $50
0
10,001-
25,000
0
$50,000,001
to $100
0
$50,000,001
to $100
0
25,001-
50,000
0
$100,000,001
to $500
0
$100,000,001
to $500
0
50,001-
100,000
0
$500,000,001
to $1 billion
0
$500,000,001
to SJ billion
0
Over
100,000
0
More than
$1 billion
0
More than
$1 billion
B 1 (Official Form 1) (1/08) Pao-e 2
"
Voluntary Petition Name ofDebtor(s}:
(This paKe must be completed and filed in eve1y case.)
Baker Anderson Christie, Inc.
All Prior Bankruptcy Cases Filed Within Last.8 Years (If more than two, attach additional sheet.)
Location Case Number: Date Filed:
Where Filed: None
Location Case Number: Date Filed:
Where Filed:
PendinJ!; Bankruptcy Case Filed hy an:r Spouse, Partner, or Affiliate of this Debtor {If more than one, attach additional sheet.)
Name of Debtor: Case Number: Date Filed:
See Attached List
District:
District of Delaware
Relationship: Judge:
Exhibit A ExhibitB
(To be completed if debtor is an individual
(To be completed if debtor is required to file periodic reports (e.g., forms lOK and whose debts are primarily consumer debts.)
lOQ) with the Securities and Exchange Commission pursuant to Section 13 or IS( d)
of the Securities Exchange Act of 1934 and is requesting relief under chapter 11.) I, the attorney for the petitioner named in the foregoing petition, declare that I
have informed the petitioner that [he or she] may proceed under chapter 7, 11,
12, or 13 of title 11, United States Code, and have. explained the relief
available under each such chapter. I further certify that I have delivered to the
debtor the notice required by 11 U.S.C. 342(b ).
D
Exhibit A is attached and made a part of this petition. X
Signature of Attomey for Debtor{s) {Date)
Exhibit C
Does 1he debtor own or have possession of any property that poses or is alleged to pose a threat of imminent and identifiable harm to public health or safety?
D
Yes, and Exhibit Cis attached and made a part of this petition.
l;lf
No.
Exhibit D
(To be completed by every individual debtor. If a joint petition is filed, each spouse must complete and attach a separate Exhibit D.)
D
Exhibit D completed and signed by the debtor is attached and made a part of this petition.
If this is a joint petition:
D
Exhibit D also completed and signed by the joint debtor is attached and made a part of this petition.
InfOrmation Regarding the Debtor ~ V cnue
(Check any applicable box.)
.
Ill
Debtor has been domiciled or has had a residence, principal place of business, or principal assets in this District for 180 days immediately
preceding the date of this petition or fur a longer part of such 180 days than in any other District.
D
There is a bankruptcy case concerning debtor's affiliate, general partner, or partnership pending in this District
D
Debtor is a debtor in a foreign proceeding and has its principal place of business or principal assets in the United States in this District, or
has no principal place of business or assets in the United S1ates but is a defendant in an action or procee-ding [in a federal or state court] in
this District, or the interests of the parties will be served in regard to the relief sought in this District.
Certification by a Debtor \"Vho Resides as a Tenant of Residential Property
(Check all applicable boxes.}
D
Landlord has a judgment against the debtor for possession of debtor's residence. (If box cl1ecked, complete the following.)
{Name of landlord that obtained judgment)
(Address of landlord)
D
Debtor claims that under applicable nonbanlauptcy Jaw, there nrc circumstances under wlrich the debtor would he pennined to cure the
entire monetary default that gave rise to the judgment for possession, after the judgment for possession was entered, and
D
Debtor has included with 1his petition 1he deposit witJ1 the court of any rent that would become due dming the 30-day period after the
filing of the petition.
D
Debtor certifies that he/she has served the Landlord with t h i ~ certification. (ll U.S.C. 362(1)).
I
'
B 1 Officialf'mm) l (l.JllS:
Voltl1L1iii!)T Pctiitiu11:
(l'hU
I .Ur;..:]"tc under penally Elfp!!Jp:l[}' fltt iAfrnmntilJD pm\ljrlad ir.J thi!i p1.'!ll!IDn ill lruc:
ml.dooum:1.
[If -pt:LiJlnnr. !!> m i:n.divicl\lnl wliDs:c: ::tr<'- 51nmnrlly debts md 1@.'1
7] I :nn.rtWII.T'C 1lwt I mayprnccM under :h1Lptcr7. 11 k2.
cr 13 ofti,1c: II, Ulli100 S1l'ltt::'s Cu<ID., ib,.. =lici' llVu1l!lb1c mukr tru::b :ruclt
clmllrcr, nnd i::boD5!'l In pmt!l!il!d Wt.di!T 1_
lTf lm sttomcy mpteletlt! me twd mt pr:IHIDa Lht I
obtni:a.:d tmdn:nd mqni'te(l by I 1 U.S..C. :J.rJ2{h).
1 mttle!;:t relief in lloooRlnnre with thc: nf tit1c 11, .'\IJJ.t..:s Cud1.'!,
!1pccit1'1:ld ;m Lbi!t
X
X
Dutc

t>ayard, P .A.
Adillm 222 Delawar;, Avsoue, Sle. 900
DE
(302) 655-5000
TeL-;phancNumbl!'.r
03.117110
Ontn
.. In:, m which 16J(b)(4)(D) upp.Jie!;.lbis n.l:so r;:oo:-;1j1utcs
J:...:rliiffieli:Da lhu.llhe t111f.1mcy lm>< nn knowktlge.u.lk.r .uu ibquity tlmt tflc
Ell sl."b00:11[1'3' iii :lni!mr-ect.
Nrunc r1t"Dr.btcrM!
Baker Aod9rsan Chris!le I nee
! lhLL1 U1e inf<mDLLliun.l'lfnvidcd :in fbla pct!ti:cm i!i l:rllC
u:cd :t::fltLnc:t, tlmll ml\ ll!C fordgn t:Jf il dchtor :in 11 &:m!lgn pnm:::eding,
:llld rlmt 1 am tv iik .. fll<litian.
D r rcqua.tn:licl'in i'IIXo.n:lsmm <:hBp1"'1' 15 of ' l, TMmd.
ell pies: .flm:mncll15 by 1 I U.S..C. 1515 nrc: altll-cll.!;rL
D J'ur!iUIIDt !O 11 u.s_c. .g 1:511, i !Dqlll:lS! ru::c.ard.;m::c with t1J::.
ol:mplt>r-Dflil!c ll ill A r=Ut'tc:d DUp)" oflile
gt4\J11inu ml'ogoillno tlf U1,;: forel;b'll :m!dn pmcocding Ll.Uflt:t'IOO_
X
P1.1titio:n
( dc:t!lll.'ftl! nt'ldcr pcoalty of tJnt: Q I ilm n br,llknltJ1!:}' pctlti.-uo prep.nrcr IL<;
dcllru:d in 11 U.S.C. I JCI; {)I tlli!> fv:r compcnsntlon illld hll\'e
pwvidc:d 1!-::- ili:b!O'.t v.ifh a oopy of 'Lh:bi OOr.nnu:11t nn.8 the nu1iC{!. ;111!11d iniiJJmu.tkm
roquLmd uodt:r ll tLS.C t- lUI{b), llO(IL), :mcl 342(b1; llll-d, (J) if or
.suideHnc5 h; 1 i !HI(h) &r.tfin-1!: ll.,r:d{mrum
f.;:t; for 5CTVl'<'c.!i! by b!lckrupl'[;.y pt:1ition prcparnrs
1
l funot: givml the debtor
notio& ill UJI} lDfiHimnm :11mmm1 bE:"fure p:rCl)Rt1ns 1my clm.umcnl fill" lOr a -dc:bLm
-nr tmy lt'-1!' from tl1c dr-htnr, M n::qu:in:d ltl tilnl s:....::tion. O.ffidnl F0111-1 ]q. is:
nuscllcd_
{1fthc bankrupt-cy nn
!itnlte th:: ofth:: u:llit."t:t, pdnr::(mt ru-
pm'htcr oftlu:: ptep;ttcr-) (R..:qnOOO. by 11 U&,C, tID.)
I -di}Cllln:! \lJJdC!r nfl!>l!fJlllY t1wllhc: lnfurma..Lioo this. iR lruc: X
Dod roO'ccl, nnd I lL_,'l'l.'! l)C1:n Imtllcriimd lu fil-e tbh pL-1itiull OJI nf 1bt:
tl:cbW<:r.
X
S-ij,'llulll.t'e JJf h;ttik.mplcy tlcliti.o[l pmpllll::r pri:IIC!pal, or
pl!l:tlwr fol'flVIllc'l ab11'JC..
und mm1hcrs. oE'nH olhcr iDdividuu.l'5 wbu- jll'f:_(lllfCd i'lf
in lhls (14f:iu'll:!nt thE:' bao:k:rup1cy 1)00f:"U31'CY I!! n-ot nu

lfmuru thacc-nepO::EOilll thi:K dacumcnl . n.ttm::h ndd:ition.ul:>lu::eL;;<:;lldb-MUilg
tu th-e oF:fidui t-1.11:W each
A lumkrrlp1C::J' petitiarl 1b rumply t&tl' l 1 tmd
the. ANleroJ RNfe.v flj'lJtmirrnpf(;_V tltl.l_l.l in jiJlf!lf ar r*"
hollr_ l1 U.S. C. fj lt(J; Jij U.S. G. - i'S-6_
Form U4 (Official Form 4) - (12/07)
CRDENTIA CORP
Debtor Case No. (If known)
I
2
3
4
5
6
Form 4. LIST OF CREDITORS HOLDING 20 LARGEST UNSECURED CLAIMS
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
Following is a list of the debtor's creditors holding the 20 largest unsecured claims. The list is prepared in accordance with Fed. R.
Banlrr. P. 1007(d) for filing in this chapter 11 [or chapter9] case. The list does not include (1) persons who come within the definition of
"insider" set forth in 11 U .S.C. 101, or (2) secured creditors unless the value of the c o l l a t e ~ is such that the unsecured deficiency places
the creditor among the holders of the 20 largest unsecured claims. If a minor child is one of the creditors holding 1he 20 largest unsecured
claims, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John Doe,
guardian." Do not disclose the child's name. See 11 U.S.C. 112 and Fed. R. Bankr. P. 1007(m).
Name of creditor and Name, telephone number and Nature of claim <"l e
"'
AMOUNT OF
0 z
~
complete mailing address, complete mailing address, (trade debt, bank
w
CLAIM (if secured
z
t:
..
including zip code. including zip code, of employee, loan, government
~
.0
e also state value of
agent, or department of creditor contract, etc.)
"
t;l
security)
familiar with claim who may be
"
:;:
"'
"'
contacted
z
..;
..;
"'
"'
MORRISON & FOERSTER LLP MORRISON & FOERSTER LLP TRADE PAYABLE X $917,363.70
12531 ffiGH BLUFF DRIVE 12531 HIGH BLUFF DRIVE
SUITE #100 SUITE #100
SAN DIEGO, CA 92130-2040 SAN DIEGO, CA 92130-2040
FAX: 858-720-5125
ALPHA CAPITAL AG ALPHA CAPITAL AG NOTEPA YABLE &INT $749,415.00
150CENTRAL PARK SOUTH; 2ND FL 150 CENTRAL PARK SOUTH; 2ND FL
NEW YORK, NY 10019 NllV YORK, NY 10019
SANDRA JONES SANDRA JONTIS NOTEPAYABJ.E $540,000.00
930TAHOEBOULEVARD 930TAHOEIDULEVARD
802-193 802-193
INCLINE VILLAGE, NV 89451-9451 JNCLINE VILLAGE, NV 89451-9451
GABLEIDT'J. HOLDJNGS LTD. GABLE INT'L HOLDJNGS LTD. STK Pffi{.CHASE AGREEMENT X $200,488.75
31 CHURCH STREET 31 CHURCH STREET LITIGATION
P.O. BOX 156tl P.O. BOX 1564
HAMJI. TON, BERMUDA, HMFX HAMILTON,BERMUDA,HMFX
ARM HOLDINGS ARM HOLDINGS STK PURCHASE J\GREENIENT X $159,097.50
ONE F.INANCIJ\L PLAZA; SUITE 2504 ONE FINANCIAL PLAZA; SUITE 250tl LITIGATION
FT. LAUDERDJ\J.E,FL 33394 FT. LAUDERDALE.FL 33394
REMSEN GROUP, LTD. REMSEN GROUP, LTD. STK PilltCHASE AGREEMENT X $146,856.25
21 SCHERMERHORN 21 SCHERMERHORN LITIGATION
BROOKLYN, NY 11201 BROOKLYN, NY 11201
Page 1 of 3
Form B4 (Official Form 1) - (12/07}
CRDENTIA CORP
Debtor Case No. (If known)
7
8
9
10
II
12
13
Form 4. LIST OF CREDITORS HOLDING 20 LARGEST UNSECURED CLAIMS
(Continuation Sheet)
Name of creditor and Name, telephone number and Nature of claim
(")
e
complete mailing address, complete mailing address, (trade debt, bank
0 z
z
.:::
including zip code. including zip code, of employee, loan, government
::l /0
agent, or departmmt of creditor contract, etc.)
z
s
familiar with claim who may be
"' "'
contacted
\;1
::;
..;
"'
"'
JAMES TERBEEST JAl\ffiS TERBEEST NOTE PAYABLE
2549 SPRINGFIELD ROAD 2549 SPRlliGFIELD ROAD
ELIZAJ3ETHTOVlN, KY 42701 ELIZABETHTO\VN, KY 42701
CITCO GLOBAL CUSTODY, N.Y. CITCO GLOBAL CUSTODY. N.Y. STAFF SEARCI-I DISTRIBUTION
2600 AIR:PORT BUSINESS PARK 2600 AIRPORT BUSINESS PARK
CORK REP. OFIR.ELAND CORK REP. OF IRELAND
ATL.i\NTIClNTERNATIONAL CAPITAL ATLANTIC INTERNATIONAL CAPITAL STK PURCHASE AGREIThAENT
95 FRONT STREET 95 FRONT STREET LITIGATION
HAlvllLTON. HM12 BERMUDA HAMlLTON,HM12BERMUDA
WILMONT HOLDINGS CORP. WILMONT HOLDINGS CORP. STK PURCI-IASE AGREEMh"NT
33 WILPUTTEPLACE 33 'WILPUTTEPLACE LITIGATION
NEW ROCHELLE, NY 10804 NEW ROCHELLE, NY 10804
MARISCAL, WEEKS, MCINTYRE & FR MARISCAL, V.rEEKS, MClliTYRE & FR TRADE PAY ABLE
2901 NORTH CENTRAL AVENUE 2901 NORTH CENTRAL A VENUE
SUITE200 SUITE200
PI-IOhWIX, AZ 85012-2705 PHOENIX, AZ 85012-2705
KANE, RUSSELL, COLEMAN & LOGAN KANE, RUSSELL, COLEMAN & LOGAN TRADE PAYABLE
3700THANKSGIVING TOWER 3700THANKSGIVING TO\\'TIR
1601 ELM STREET 1601 ELM STREET
DALLAS, TX 75201 DALLAS, TX 75201
KBA GROUP LLP KJ3A GROUP LLP TRADE PAYABLE
14241 DALLAS PARKWAY 14241 DALLAS PARKWAY
SUITE 1100 SUITE 1100
DALLAS, TX 75254 DALLAS, TX 75254
Page2of3
"'
AMOUNT OF
:;;
CLAIM (if secured .,
::i
also state value of
security)
tl
$141,666.00
$119,412.51
X $116,912.50
X $105,277.50
$102,513.82
$95,060.52
$62,830.38
I
Form B4 (Official Fonn 4) - (12/07)
CRDENTIA CORP
Debtor Case No. (If known)
Form 4. LIST OF CREDITORS HOLDING 20 LARGEST UNSECURED CLAIMS
(Continuation Sheet)
Name of creditor and Name, telephone number and Nature of claim l"l c;
0 z
complete mailing address, complete mailing address, (trade debt, bank
z
t:
including zip code. including zip c:ode, of employee, loan, government
::l 0
agent, or department of creditor contract, etc:.)
z
'"
familiar with daim who may be
~
"' "'
~ contacted
z
..;
tl
14 MABERY GROUP MABERY GROUP STK PURCHASE AGREEMENT
444 MADISON AVE; SUITE 2904 444 MADISON AVE; SUITE 2904 LITIGATION
l\TEW YORK, NY l0022 } \ T ] ~ W YORK, NY 10022
15 JAMES DURIIAM" JAMES DURHAM NOTE PAYABLE
P.O. BOX 3420 P.O. BOX 3420
SUN VALLEY, ID 83353 SUN VALLEY, ID 83353
16 QUEST DIAGNOSTICS, INC QUEST DIAGNOSTICS, INC TRADE PAYABLE
P.O 130X 5001 P.O BOX 5001
COLJ.EGEVILLE, PA 19-126 COLLEGEVILLE, PA 19426
17 ANGLO DUTCH MASTERS FUND ANGLO DUTCH MII.STERSFUND STAFF SF-ARCH DISTRJBUTION
18 MAXIMA ALPHA STRATEGY FUNDS PCC- MAXllvfA ALPHA STRATEGY FUNDS PCC- NOTE PAYABLE
LONG/SHORT EQUITY PC LONG/SHORT EQUITY PC
19 AXSA DOCUMENT SOLUriONS AXSA DOCUMENT SOLUTIONS DOCUMENT STORAGE
4673 OAK FAIR BOULEVARD 4673 OAKFAIRBOULEVARD
TAMPA, FL 33610 TAMI'A,FL 33610
'
20 JEFFREY PEARLMAN JEFFREY PEARLMAN STK PURCHASE AGREEMENT
50 PECAN VALLEY DRIVE 50 PECAN VALLEY DRJVll LITIGATION
NEVi' CITY, NY 10956 NEW CITY,NY 10956
Page3of3
"'
AMOUNT OF
~
"'
CLAIM (if secured
"'
;j
also state value of
security)
tl
$50,168.75
$50,000.00
$44,717.28
$42,870.47
$41,614.68
$40,768.51
X $37,386.25
DECLARATION UNDER PENALTY OF PERJURY
ON BEHALF OF A CORPORATION OR l'A.RTNERSillP
l, the Chief Financial Officer of the Debtors in these chapter 11 cases, declare
under penalty of perjury that r have read the foregoing Consolidated List ofTop 20
Unsecured Creditors and that it is true and correct to the best of my information and
belief.
Date: March 17, 2010
Penalt:yfiJ7' maki1rg o.fir/,,-e s.tatementrt:oJtcealingpropePly: Fine-up t-o $500.000 orimprisonmmu for
up to 5 y c ~ r s or both 18 U.S.C. 152 Hl 3571.
In re:
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
Chapter 11
BAKER ANDERSON CHRISTIE, INC.,
Case No. 10-___ _
Debtor.
Employer Tax I.D. No. 94-3243631
LIST OF EQUITY SECURITY HOLDERS
The following lists the equity security holders of Baker Anderson Christie, Inc.,
the debtor and debtor in possession in the above-captioned case, as of the date hereof.
This list is being filed pursuant to Rule 1007(a)(3) of the Federal Rules of Bankruptcy
Procedure.
Equity Security Holder Address City State Zip Percentage
of Shares
Crdentia Corp. 1964 Howell Branch Rd Winter Park Florida 32792 100%
Suite 206
{BAY,OI512486vl}
DECLARATION UNDER PENALTY OF PERJURY
ON BEHALF OF A CORPORATION OR PARTNERSHIP
J, the Chief Financial Officer of the Debtars in these chapter Il cases, declare
under penalty of perjury that I have read the foregoing List ofEquity Security Holders
and that it is true and correct to the best of my information and belief
Date: March 17,2010
(Print Name and Title)
Penalty fiJr makhtg .a false statemerTi r crmcealing property: Fine up to .$500)0{)0 or imprisonment for
up to 5ye.rors or both 18 U.S.C 1521llld 3571.
~ B A Y :01S1Ml2vl}
CERTIFICA'rE OF SECREl'ARY ..
}laltllr Anderson ChrMie. Inc.
'This Certificate is furnished in COO!lection with the "filing of peti!itms relative to
the Corrrpi'UlY (hetein defmed), Crdentia Corp., !he parent of the Comparty ("Crdentla"). and its
other sobBidinries, (collec!iveiy, the seeking relief UDder the pro1iisions of Chapter 11
of Title 11 afthc U11ited States Code (tlre "Bankruptcy Code'').
The undersigned, Rebecca lrish, being the duly ele.cted Secretary of Bflkey
Anderson Cht1stic, Inc., (the "Company"), hereby certifies on behalf of the Company that:
attach<ld hereto as A is a true, correct, and cmnplele CIY])y of resolutions duly adopted by
and on behillf of the Boan:l of Directors of 1ho Company. The resolutions have not been
rescinded, superseded or modified in <my mamJer and are in full force mnl effect on the dale
hcl'eot:
IN WITNESS WHEREOF, the lll1dexsignej}l)as duly executed tins Certfficnte as
ofthe17thdeyofMamh,Z010. // "'

Exhibit A
Resolutions of Board of Directors
DNANIMOUS WRI'I'TEN CONSENT
OF THE BOARD OF DIRECTORS OF
BAlKER ANDERSON CHRISTIE, INC.,
A CALlF'ORNIA CORPORATION
The undersigned, being the sole member of tl1e Board of Directors (the. ")3oard") of
Baker Andmson Christie, Inc. (the '"Company" m "BI!k;er Andersmi"), <lo"" hereby coment,
purSUllllt to Section 307(b) of the California Corporations Code, to the adoption of lhc
Resolutiom wiih the same force and effect as thnngh adopted at a meeting duly called and held:
WHEREAS, lhc Baard has held discussions during the course of =eral
months regarding tlle current circumstances of the financial liquidity 8lld business prospects of
lhe Company and its parent, Crdentia Corp., with lhe Company's executive officers and fmnncial
and legal advisors; and
WHEREAS, the Board has evaluated and considered the information provided by and
the recommendations of the Company's executive officers and financial and legal advisors aud
bas had the opportunity to ask questions of tl1e same and independently to verify and diligence
all such information; aud
WREREA.S, tl1e Board eyaJuated and considered the circumstances and consequences of
filing a petition relative to the Company (tlw ""Petition'') seeking relief m1dl:r the provisions of
Chapter 11 of Title 11 of the United Slates Code (the ")3ankruptcy Code"), and which petition is
attached to this resolutil:m as m1 .;>l!hibit; and
NOW, THEREFORE, the Board hereb}' adopts the following Resolutions:
RESOLVED, in the judgment of the Board, it is in tl1e best interests of the Company,
creditors of 1he Company, tl1e shareholders of the Company, and other interested parties, for the
Complllly to file the Petition on behalf of itself seeking relief undet the Banktuproy Code; and it
is
FUR'l'J:IER RESOLVED, fuat the Petition substantially in the form distdbuted the
undersigned and attached hereto is adopted in all respects, and that the officers of the Company
(tbe "A1tth.orized Persons'') be, and they hereby are, authorized and directed, on behalf of the
Company, to oxecute the Petition or authorize the execution of a filing of the Petition by the
Company with such changes thereto as an Authorized Person executing the saooe shall approye,
the execution thereof, by such Attthorized Person to be deemed conclusive evidence of such
appro<rol, and to cause the same to be filed (the 11 Proceeding") with the United States
Bankruptcy Court for the District of Delaware (the "Banktnotcy Court'') at such time as the
Authorized Persons eonsider appropriate; and it ls
FURTHER RESOLVED, that the Authorized Persons be, and tltey hereby rue,
authorized to retain on behalf of the Company the law frrm of Gersten Savage tLP, upol> sncl1
terms and conditions as the Authorized Persons shall approve, to render lcgcl services to and
represent fu.e Company in connecti1m with the Chapter lll'roceedings; and it is
FURTHER RESOLVED, that the Authorized Persons be, and fuey het-eby are,
aufuorized to retain {)!l behalf of the Compwy fu law firm of Bayard, P .A., as Delaware co
counsel, upon such termll Ell!d conditi11ns as fue Auth()ri;::ed Persons shall approve, to render legal
services to and represent the Company in coll!J.ection with the Chapw 11 Prooecdlngs; and it I&
FIJRTIIER :RE:SOLVED, that the Authorized Persons be, and hereby are,
authorized to retain on behalf of the Company, RVR Consulting Group TI, LLC as restructuring
m!d busiuess mmagemcnt conmntants, up0!1 such terms and conditkms as the Aufuorized
Persons shall approve, to provide certain consulting services in cunnection with the Chapter 11
Proceedings; md it is
FORTHER RESOLVED, that the Aufuorlzed Persuns be, and they hereby at-e,
authorized to retain on behalf of the Company a balloting, servicing, and claims agent to be
identified by fu Authorized Persons, upon such terms and conditions as the Authori7.ed Persons
shall approve, to render certain admiuistmt.ive services in cmmection the Chapter 11
Procoedings; and it is
FURTllER RESOLVED, that each Autburlzed Person, and :ruch other officers crf the
CompBny as the Authorized Persons shall fron! time to time designate, and any employees
or {including counsel) designated by or directed by any such officers, be, and each hereby
is, authorized, empowered and directed, in \he name and on behalf of the Company, to execute
and file all petitlons, schedules, motions, lists, applications, pleadings lllld other papers, alld to
take and perform any and all further acts and deeds which he or she deems neccBSazy, propm' or
desirable in connection wtth the Chapter 11 including without limitation, negotiatiug and
obtaining financing, t:))(tt financing, and/or the nse of cash collateral, and
executing, delivering and performing any wd all documents, agreements, ccrtiftcates oocl/or
instruments in connection with such debtor-irlposscssioll finE!!ICing, exit :fmancing, and! or use of
cash oollateral, with a view to the successful prosecution of snch case; and it is
FURTJJER RESOLVED, that eaoh Authorized Person, and such other officers of
ilie Company as the Authorized Persons shall from time to time designate, be, and each
hereby is, authorized, empowered and directed, iu the name and on behalf of fue Company,
us the case may be, to: (a) negotiate, wrecute, deliver and/or file my and all of the agreements,
documents alld instruments referenced herein, and such other agreements, documents and
instruments and assignments thereof as may be required or "" such Authorized Person or
designated officer deems appropriate: or advisable, or to cause the negotiation, execution and
delivery !hereof, in lhe name mtd on behalf of the Company, as the case may be, ln such fmm
mtd substance as such Authori7..ed Person or designated offwer may approve, together wiili S\mh
changes and amendments to any of the and conditions iliereof as such Authorized Person
or designated officer may approve, with the exeeutiolt and delivery thereof on behalf of the
Company by r.r at the direction of s\J.Ch Authorized Persun or designBted officer to constitute
evidence of such flPlJIOVal, (b) negotiate, execu.te, deliver andlm file, in the name lllld on behalf
of fhe Company allY and all documents, certificates, Cotlsents, filings Ellld
applications relating to the resolutions adopted and matters ratHled or approved herein and the
. . WY. li!"'-
transactions contemplated thereby, and mnendments and suppiemcnts to any of the fotegoing,
and to take such other actions as roey b ~ required or as such Aufhorized Person ar designated
officer deems QPpropriate or advisable in connection thet-ewlth, and (c) do sttch other things as
may be required, or as may in their judgment be appropriate or advisable; in order to clfuctuate
fully the reBQluiions adopted and matters ratified or approved herein and the consummation of
the trarnactions contemplated thereby; and it is
FURTHER RESOLVED, tha:t all acts lawfully done or actions lawfully token by ally
Authorized Person to file the voluntary petition for telief under Chapter 11 of the Bankruptcy
Code or in any other connection with the Chapter 11 Proceedings, or any manger related thereto,
or by virtue of these resolutions be, and hereby are, in all respects ratified, confirmed and
approved.
This U!llllltn\011S Written Consent may be executed by facsimile signature, or elootroni.c
mail signature if attached to such electronic mail message in a commonly readable funllllt.
IN WitNESS WHEREOF, the tmdersigned, being the snle directnr of the Complllly,
consent hereto in wrlfing as of Marolt UbJ, 201 (), and direct that thi imtmment b11 filed wlth 11Je
mitrut 'of pro edings of e BQard of Directors of the Company .
1.1 r.
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