ceo must explain why he thinks he is not responsible for price stability.
Actually, the CEO don't need to explain anything to you. He doesn't have any control over the price of TIME and that will not change in any point of time (no pun intended). The market decides what will be the price of any coin and we can't do anything about it especially if you just post irrelevant information here and doesn't buy/sell any TIME on an exchange. What they need to do is to continue on developing the product that they intended to produce and provide it to the community on a timely manner.