L1B to L1A I-94 Conversion and Extension Query

[skk0722]

I am about to L1B 5 years max time by 17-Nov-2012. Below are my I-94 dates.

15-Jan-07 to 9-Jan-08 (L1B)

6-Feb-08 to 1-May-09 (L1B)

27-Dec-09 to 24-Nov-10 (L1B)

12-Dec-10 to 18-Feb-11 (L1B)

11-Mar-11 to Till date (L1B)

My company filed L1A I-94 conversion and extension on 18-May-2012. Currently, the case status in Request for Evidence status.

If in the case of the delay i.e. my petition status still is in Query status. Can I stay and continue to work in US after L1B 5 years max i.e. 17-Nov-2012 ?

• If I can work, Can I work even after my I-94 Expiry date i.e. 16-Dec-2012 If I don't have the L1A case status response?
  
• If I can work, and If I continued to work even after I-94 Expiry, what if after the petition status got rejected, will the stay considered as overstayed (as I have stayed more than L1B 5 years max). What are the implications of the overstayed?
  

Please advice.