Bit of a quandary. My EP is gonna be up for renewal soon, in fact our company's relocation/immigration contractor already (tried) to initiate the procedure.
They found out that they cannot continue the application because I've got another application pending.

I've seen word on this forum that folks are better off with EPs than PEPs. I feel particularly in that category because I got a "grandfathered" PEP and I have till Jan 1 2015 to show a $12K/month salary.
So.. do I cancel the PEP and let the company apply for another EP? or do I take the PEP?
The veterans might be wondering why I got the PEP in the first place. Well after all the hue and cry I got jumpy. I also have a PR application that's been pending for 8 months now..
As to the particulars.. Pinoy, P2, 4 years (will be my 4th tax return this year), large MNC. Married, wife also Pinoy, P2, just got EP renewed. Also large MNC. Aggregate income ~ $200K PA. No kids.