My 6th yr H-1 expires next month (includes all reclaimed time), and i have applied for the PERM LC in June 2008.
1) If my LC doesn't come through, do i have any options in other than getting out of the country. I have heard people suggest change of status to B, F, or O visas, but i don't really understand how that helps.
2) If i do leave the country and let my H-1 expire, do i really have to wait for a year? Or can i re-invoke the old H-1 and apply for an extension and re-enter the country as soon as (a) my LC becomes 365 days old (1-yr extension), or (b) my LC & I-140 are approved (3-yr extension), whichever comes earlier.