This item resets the player's status, and returns the status points spent on each status.
This item's use was unimplemented until version 4.12.
This item does not reset your class, though it does reset your ability points. If you use it, you will remain in your current class, but both status and ability points are given back to be reassigned how you please.
In the current version of the mod (5.18), the item is not consumed upon use. You can use it to reset your stats as many times as you like, until this bug is fixed.