Please ensure you've latest CB 2.x nightly release below. There was a known issue with offset being wrong that can cause issues like this.
www.joomlapolis.com/downloads/doc_details/640-community-builder-nightly-build
In latest nightly it'll try to use the users timezone if one is specified otherwise it uses the server timezone.
A by the way thing, i saw that the time minute section are in brackets of 5 minutes. Is there a way to configure the minutes to 1 minute brackets?
The dropdown? No, it's not possible to change it without modifying core code.