I just returned from a very long hiatus. And I have this item in my inventory. What...what does it do? I don't want to waste it on a pet only to find out it was valuable, or not.
It's a non-tradeable item, so it doesn't really have any sP value. It's a food and stat booster, so you can feed it to one of your pets or use it on them to gain a few stats.
Or you can just delete it if you don't want to do either of those things.