http://ratemyserver.net/item_db.php?item_id=2772&small=1&back=1&ird=1 (http://ratemyserver.net/item_db.php?item_id=2772&small=1&back=1&ird=1)
Your site description shows that it adds attack against elements, but it actually adds defense against those elements, at least on Aegis servers like iRO. Also, if you click on "Show iRO Classic Description?" it does show the correct description.
Yeah the ring adds resistance, not damage.
Yes, you are right. Fixed. Thanks for reporting. I am slowly working on some of the wrong description (against script or other source I can refer to) if you find anything else feel free to let me know.