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L1-B to H1 transfer

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  • L1-B to H1 transfer

    Hi,

    I am currently on L1-B visa with company A. This Visa and my I-94 will expire on 23rd Sep 2013.
    Company A is willing to extend my L1-B and going to submit my documentation in April end or something (No premium processing).

    Now I dont want to stay in Company A and want to get out of it ASAP.

    Now Company B wants to process my H1 visa. They will file it in this month and I guess if it will get approved it will be valid from Oct 1 2013.

    I want to know that if my L1-B extension gets approved will it affect my H1 processing?

    If I get H1 on Oct 1 do I have to resign immediately?

    What are my options if I want to leave Company A immediately right now (ASAP)? Is there any kind of premium processing which can be done so that I can leave Company A immediately?

    I have to decide this right now before its too late.

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