As I've posted in several other places, it seems that Lucy or the item collector or some such thing is ripping the info directly out of the game data. I've seen several items in game that only show that they have a required level, but the stats on the item display as though there is a reccommended level as well. If you look this item up in the bazaar (or barter, buyer, etc.) with a level 1 toon, it'll show you what I mean. Then look up Deathborn Hoop (just as an example). All the stats will display at full value, even though the required level makes it unequippable.
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Jiriki Sa`Onserei, 120/67k AA Wood Elf Ranger Anadriel Starfire, 120/46k AA High Elf Mage
Just looted this after killing bats for two hours, and was disgusted to find that it, like the original, has CHARGES of Levitation. Not bad dex and wis, and at 60 wouldn't be terrible with an aug, but dang.
Whoever sent in details on this owes me two hours. With the charges it's just another mediocre cloak, droppable or not.