Direct contracting using EAD, possible? Pls help, urgent

[indian_national]

I am on H1B now. Working as a consultant at company A through employer B.
I have my EAD and would like to use it and contract directly with company A (not as permanent employee).
Is it possible to use an EAD to contract directly with a company?

Does any one know of any legal contraints? Any important points/issues that I should be aware of?
Any link where I can look up such information?

Any information would be of great help.

Thanks in advance.

[knowledgeable]

Yes you can, go ahead

I am sure you do know the pros and cons of a direct contract.

Take care.

[indian_national]

Not sure, can you pls mention

I am sure you do know the pros and cons of a direct contract.

Take care.

I am not sure if I know of all the pros and cons.
Could be of great help if you could state the most imp points.

The plan is to get permanent position is a few months with them.