H1 B - Transfer


MuraliKanna

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Hi,
My question is regarding H1 B transfer
 
My current employer applied for H1B extension under premium processing and the petition is still under process.
 
For some reason I would like to transfer my H1 B to another employer, is it possible?
If Yes, what are the risks in it?
 
I understand that If I transfer then my new employer has to re-initiate the extension process but what are the risks in it? My Visa extension will be successful?
 
Please advise. Thanks in advance.
 
 
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