H1B Transfer (COE) denial a week back. I 94 Valid till Mid of 2019. What is my legal status ?

[ToKnowMyStatus]

1) Started working for Employer A with I 797/I 94. 
2) Deputed to another location and client (Amendment) was filed by Employer A. 
3) H1 B Amendment got RFE. 
4) Got offer from one of the very prestigious Employer B. They placed H1B Transfer (COE) request and later I joined Employer B on receipt. 
5) Per Employer A's revocation request of Original and Amendment both the petition, USCIS revoked the old petitions. 
6)RFE (Specialty Occupation)was issued on Employer B's Transfer (COE) 
7) After one year, I got DENIAL( (Specialty Occupation) . 
😎 Stopped working with immediate effect. 
9) Employer B is on the route to Refile a fresh H1B Transfer (COE) petition. and asked me to start working after receipt. 
10) Premium is suspended at WAC and EAC, only regular processing is possible. 
11) My I 94 from Employer A is valid till Mid of 2019. 
What is my legal status? Am I out of status? If not, How Grace Period duration is counted? Can I continue working with Employer B on new receipt? If so, till when? My employer B says that you are not eligible to work till next receipt but maintains lawful presence because of unexpired I 94, please elucidate. Please suggest appropriate steps.

Less 

 

[CSERFE]

As premium processing suspended, just follow what employer B is saying. USCIS officer may approve with I-94 or without I-94. Just be prepared to go for stamping. 

[LeaveMessageH1B]

9- you can't on receipt notice