Untradeables and Innocence Scrolls

If you had, say, a Timeless weapon and equipped it, it would be untradeable. If you used a perfect innocence on it, would it be tradeable again?

Let's say you had a Rising Sun Pendant that you equipped: if you used a Perfect Innocence Scroll, would it then be freely tradeable again?

Tested this before on a private server with an Empress equip, it does not make it tradeable. Not sure if this applies to GMS, though.

Might also have a different effect on items that cannot be traded at all after being equipped.

It does not make the equip tradeable again.
I have tested this in GMS on an empress cape.

Also confirming it stays untradeable.

 Spoiler

[video=youtube;yQKyOxEjPAM]http://www.youtube.com/watch?v=yQKyOxEjPAM[/video]