H1-B transfer during extension

[AsadAhmed]

if i transfer my H1 to anothor company, will my current H1 be cancellled? In case tranfer is denied would i be able to continue my job with current employer on same H1.

Thanks

[dvkrao]

H1-B transfer during extension

Unless your H-1 is approved to the new company, your oldH-1 will not be cancelled.