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H1 to H4 and then transfer to H1

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  • H1 to H4 and then transfer to H1

    Hi,
    I am on H1 visa, and my company informed me that my last working day is tomorrow. As I understood from forums that I should leave the country asap as I dont have job or employer. But since my husband is on H1, I would like to convert to H4 until I could find an employer who could sponsor H1. So this means I will convert from H1 to H4 and then H1. Is there any complication/legal issues in doing so? if not then my worry is if my H4 transfer approval takes long time and during the period if I get an employer who could sponsor H1, then there is a chance that two petitions move in parallel.
    Could you please advise your thoughts and experiences?
    Thank you
    H

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