You can absolutely apply for the OWP and it will be issued based solely on your Inland application being received by CIC. You don't even need to wait for them to start processing the Inland application. As long as you are in status (which you currently are) it will be issued ~ 4 months after CIC receives the application. The OWP cannot be submitted before your Inland sponsorship application.
The real answer you seek is whether or not you can keep working after June 30th, right? That's the part that is sooooo murky.
Also keep in mind that if for any reason your Inland application (or OWP) is returned because it was incomplete, had an outdated form or was missing a signature, you would lose your implied status. For this reason alone, many people choose to extend their visitor status...just in case.
Yea thats the question if I can still keep working, obviously we have a home with mortgage payments etc, can I apply for visitor Status along with my inland application and an OWP.
thanks for all the info