vb.net If Else statement

I have this if else statement that I need help with. What I would like to happen is the user enters a number in data grid view columnIndex 0. If the first validation (If CheckSatus(chkValue)) fails turn the back color red and stop. If its valid I want to continue to CheckRelease(chkValue). Right now if its invalid it goes to CheckRelease(chkValue) and change the back color yellow.

Current Code: Private Sub gridUserEntries_CellLeave(sender As Object, e As DataGridViewCellEventArgs) Handles gridUserEntries.CellLeave 'Validate Release Number is validate and that Release is in F4 screen

    If (e.ColumnIndex = 0) Then
        Dim currCell As DataGridViewCell = gridUserEntries.CurrentCell
        Dim chkValue As String = currCell.GetEditedFormattedValue(currCell.RowIndex, DataGridViewDataErrorContexts.Display)

        If Not (chkValue.Trim = "") Then
            'Validate if release is in jobscopedb.IPJOBM table
            If CheckSatus(chkValue) Then
                currCell.Style.BackColor = Color.White
            Else
                currCell.Style.BackColor = Color.Red
                btnUpdatePPUSRFS.Enabled = False
                btnClear.Enabled = True
            End If
            'Validate if the Release Number is in the PPUSRFS TABLE
            If CheckRelease(chkValue) Then
                currCell.Style.BackColor = Color.White
                btnValidate.Enabled = True
                btnRetrieve.Enabled = True
                btnClear.Enabled = True
            Else
                currCell.Style.BackColor = Color.Yellow
                btnInsertPPUSRFS.Enabled = True
                btnValidate.Enabled = False
                btnRetrieve.Enabled = False
            End If

        Else
            currCell.Style.BackColor = Color.White
        End If

    End If