Interesting post, it reminds me of a topic I've been researching.
It's of a similar device and method that restores the consciousness of a dying person into a newborn.
It's possible that the elite have been using this to transfer their wealth and knowledge for many life cycles now through this unnatural type of reincarnation.

We all have lost consciousness that our brains can repair. This device you speak of could probably be used on patients with no brain damage and still produce a successful recovery.