meberbs, thanks for having taking time to look at the papers, even quickly. On the qualitative side of things, let me explain what you call a "problem" at the end of your message.
Take a subcritical neutron star, so its radius Rn (in blue in the picture below) is greater than its Schwarzschild radius Rs (in red) and feed it with some additional matter from a companion star, as explained in the papers provided.
The radius of the star Rn will grow, but its Schwarzschild radius Rs will grow
faster.
They both meet at the dotted black radius.
When Rn = Rs, the star transform into a black hole. That's it.
This is what Petit calls the "geometric criticality".

But as noted by Karl Schwarzschild as soon as 1916, then later by Tolman, Oppenheimer and Volkoff, and again by Petit, the pressure at the center of the star will quickly increase to infinity
before such geometric criticality is reached. This is the sense of the TOV equation and and its signification (the red critical curve) in diagrams that I shared in a previous post.
Obviously "infinity" is not something that is truly physical. Petit claims that at this point constants of physics change in this high-density state of the neutron star, like in the relativistic radiation-dominated era of the universe, according to his VSL theory (see on
Wikipedia for a quick reference). Pressure and speed of light both increase toward infinity, and beyond some threshold, before reaching such "infinity", mass inversion occur at the center. Not all the mass of the star is necessarily inverted and transferred in the negative sector through this "cosmic plughole", only the mass in excess. This is a transient phenomenon. But in a the case of a much violent event (e.g. merger of two neutron stars) such mass inversion could be total. The whole mass inversion of such bodies in a snap would generate gravitational waves that would be detected and interpreted along the lines of the mainstream model as a "black hole merger" for exemple, by instruments such as LIGO.
But what is important to note is such
physical criticality triggering this mechanism appears
before the
geometrical criticality (the dotted line above) is ever reached. So the "black hole state" Rn = Rs never occurs.
As for the question "why no white holes (white fountains)? In fact there is no stars, no planets, hence no galaxies in the negative sector. No elements heavier than anti-hydrogen and anti-helium of negative mass. This is because the space scale factor of the negative sector is in a much more contracted state than the space scale factor of the positive sector. So its cooling time is equal to the age of the universe. The negative sector will stay that way, as its cosmic expansion is decelerating, while ours is accelerating (the negative pressure due to the overall energy density of the negative sector, aka dark energy, is what produces the observed acceleration of the cosmic expansion). This means that negative mass as gas in proto-nebulae radiating in the infrared spectrum in this sector will never cool down enough to coalesce, so it will never produce stars. No stars, no heavier elements. Therefore no planets and no life in the negative sector.
By the way, a side note about the expansion of the positive sector accelerating by the negative pressure of the other one. He never thought of it, but Petit almost predicted the accelerating expansion of the universe as soon as 2001: figure 13 page 18 of
his conference paper:

Curve
R for the accelerating positive sector, and
R for the decelerating negative sector. He didn't especially notice this prediction at that time
thinking the curve would asymptotically become straight (no acceleration at all, one of the three classical Friedmann predictions) which was given for
ρ/ρ = 65 in this analytic calculation. Obviously higher ratios would produce a stronger repulsion between the two entities, with an accelerating expansion occurring in our epoch too. Simple remark

To be fair, the exact solution for the rate of the cosmic acceleration, when we consider that dark energy may be due to a negative mass content in the universe (and a zero cosmological constant!) has been actually provided by William Bonnor in 1989, who didn't notice neither at that time. See
Bonnor's paper published in
General Relativity and Gravitation, section 4.3, page 1153.
To come back to the current subject, when the mass of a neutron star, of some part of it, is inverted and transferred in this negative sector as negative mass, it doesn't stay "there" as is. Due to the very different space scale factors, matter transferred there
has to appear at a relativistic speed in order to conserve energy (a mechanism called by Petit "the Gulliver effect" as particles from our sector grafted suddenly in the negative one appear to have a spatial extension their Compton wavelength much greater than all particles of this universe). So in the case of the inverted neutron star, the mass transferred is quickly scattered to the four winds in the void of the negative sector.
I must admit that the leaking neutron star model is more advanced than the "quasar model" and the subcritical yet giant object at the center of the galaxy, which are still crude ideas that follow on from the neutron star developments, for the latter. Hence your unanswered questions about quantitative predictions. I will continue mull over this magnetic field problem with a low-density ball of plasma though.
One morte thing: Russian researchers A. A. Grib and Yu. V. Pavlov independently published in 2010 a paper in
International Journal of Modern Physics D in which they also claim that the energy of particles reverses when they cross the event horizon of a black hole (equivalent to the throat surface in Petit's model):
https://arxiv.org/abs/1008.3657