I140 approved , H1B expiring in January, extension applied


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I have an approved I-140 from company A and my H1B is expiring on January 26th 2011. Company A applied for my 3 year extension last week based on the approved I140.

My question is:

a) Do you I have to wait till I get the H1-B 3 year extension copy before I can transfer the H1-B to Company B? My lawyer says, I should get the extension by December.

b) Or, can Company B apply for H1-B premium extension based on the approved I-140?

I truly appreciate your response.

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