Travel on AP or H1

[gc_inprogress]

I work for company "X" which holds my H1. I have a EAD and AP from Company "Y". Going to india in jan 2006. I plan to continue working for company "X" until i get the 140 approved. I need to get my 7th year visa extension stamping done in india. So my question is :

1. Am I doing the right thing legally by going for the H1 stamping inspite of having a AP/EAD from another company.

2. I suppose I cannot use the AP to re-enter and then continue to work on company "X"'s H1B. Please confirm.
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[GotPR?]

1. There is no such thing AP/EAD from another company. AP/EAD does not belong to company.
2. You can reenter the US with AP and continue working on H1 as long as H1 is valid. But remember your status in that case is not H1 anymore, but AOS pending.