Microscopic Black Hole Pairs in Highly-Excited States
  We consider the quantum mechanics of a system consisting of two identical, Planck-size Schwarzschild black holes revolving around their common center of mass. We find that even in a very highly-excited state such a system has very sharp, discrete energy eigenstates, and the system performs very rapid transitions from a one stationary state to another. For instance, when the system is in the 100th excited state, the life times of the energy eigenstates are of the order of $10^{-30}$ s, and the energies of gravitons released in transitions between nearby states are of the order of $10^{22}$ eV. 
J. Makela, P. Repo