Flame of Rebirth? what does it do?

This 'Flame of Rebirth' is for items that are dropped/made/found before the first Unlimited update, which remakes the item system and adds these Additional Options.
Now, if you use one of these on the equipment, it will get untradeable and gain a Scissor Count of 5. That means it only can be scissored 5 times before it fully becomes untradeable. At cretain items, it needs a Platinum-Scissor.

Or at least that's what I read.

Yep, that's everything I read about it too.

it's the "Gain a scissor count" which gets me. Most scissorable items are tagged untradeable like my staff. So I don't see why my staff would be any different. Hmmmm.