My WP install is also not in the root directory and I could not get this plug-in to run at all until I edited the locale/timezone in my User profile. It completely ignored the timezone I set in Settings/Events.
Maybe this code will help for display the time
<?php $queryObject->startTime(get_option('time_format'));?>
Now, to make the plugin to display the list of events you need a code like this:
<?php
//Replace calendarID value with the Calendar Category ID number you would like to display. In my case "2".
$queryObject = new WEC_Query('calendarID=2');
//Start the loop
while($queryObject->haveEvents()): $queryObject->the_event(); ?>
<strong><?php $queryObject->eventTitle(); ?></strong><br /><br />
<strong>Fecha:</strong> <?php $queryObject->theDate(get_option('date_format'));?><br />
<strong>Hora:</strong> <?php $queryObject->startTime(get_option('time_format'));?><br /><br />
<?php $queryObject->eventExcerpt (); ?>
<?php
//End the loop
endwhile; ?>
I kind of formatted how it will present the data but you can format it your own way. In other words, you can grab the line <?php $queryObject->eventTitle(); ?> and wrap it with <i> </i> if you would like to make the title show in italics. You can format the other tags as well.