Transfer denied : about I94

[arunskumar]

I got my visa transfer denied with company B last month. They were supposed to refile and asked me to wait but did not refile it for unknown reason.

I had left my employer A, 5 months ago which has I797 with I94  mention on it till  06/30/2019. The visa and  I94 in passport is old one, expired since I did not travel outside USA after last extension so it was not updated.

Till last 2  week before , the case status with old employer in USCIS website was showing approved, but recently it is showing "Correspondence was received and USCIS is reviewing it" . So it seems old employer might had  sent request for withdrawal or already been revoked.

In this case, Is my I94 still valid till 06/30/19  based on the last employer I797 even the old approval is in withdrawal process or have been revoked? 

Do one get 60 days grace period even in denied case? Or that is applicable only for approved petition?

Am I still eligible to stay and do visa transfer?

Some vendor saying that I  can still   do visa transfer with them..

Please advise.