HI there, hope you are doing good.

Here ismy situation …I am on L1 since 2013 and i have my H1 i-94 with effective date from 1 st oct this year.I traveled to india on L1 and came back on L1 on 27 Sep’ 2015. so i have new i-94 with 3 year validity on L1.Also my L1 visa is valid till 2016

Now i am not getting project on H1 , so i would like to continue on L1.what are the options ?

I want to continue working on L1 so do i need to do COS from H1B to L1B ? how much time this will take ? is there any chance for deniel of this COS? what is the cost for this COS ?

and if COS is getting approved , can i use this H1 petition in future next year or so ?