Technically, yes, that's still in effect (until the next A/S increase, anyways)...
The A/S of preferred shares should be no longer relevant, as that series was retired in lieu of the issuance of the (horrendously toxic to common shareholders) SERIES X!!! dundundunnnnn....
No, I'm not a paid basher - just here to watch the devastation of one company. If you are willing to pay me for my efforts, please DM me with details and contact info. Disclaimer: stay the heck away from anything related to Conway.