Change of Status H4-F1-H1 or H4-H1?

[Div_J]

Hello,

I am on H4 status want to apply for H1 in April 2013. But as a back up I do a Change of status(COS) to F1.
Suppose I apply today for Change of status from H4 to F1, as COS takes 4 months(NY) and also I find someone to sponsor my H1b in April 2013.

What will happen if:
1. F1 gets approved in/after April 2013 and I again do COS from F1 to H1?
2. F1 status is pending and I found employer who will sponsor for H1 in April 2013?
3.Shall I change my status from H4 to F1 now or should I enroll as on H4 status and search for employer who sponsor me H1 in April 2013, and if H1 is denied then apply for COS to F1?

Please advise.

[bcool_always]

Change of Status H4-F1-H1 or H4-H1?

I am also sailing in the same boat...