ANSWER
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Both me & my wife have EAD and have our full time job. My question is , it is possible for us to start a new LLC ??
Ans. On an EAD, you can start a company and do everything that a green card holder can do including opening and owning your company as an active participant/owner. Your spouse has larger freedom than you do. You have to be in a job "similar" to your labor certification job. In the May 2005 Yates Memo (Posted under AOS discussions in my blog), Yates said you can port to your own company, but I recommend that only as the last option, because there are some troublesome issues that are still unsettled in self porting.
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Can I hire few more peoples on H1B ??
Ans. Yes.